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- Title
BANKACILIK SEKTÖRÜNDE RİSK ODAKLI KAMU DENETİMİ: AZERBAYCAN UYGULAMASI.
- Authors
MUKHTAROV, Shahriyar; MAMMADOV, Zamig; MAMMADOV, Elvin; BAYSAL, Bahadır
- Abstract
Establishment of an effective supervision is becoming more challenging due to the complex economic environment. Therefore, in order to ensure efficient operations, the development of risk-focused supervision is becoming our main priority. Classical supervision techniques were compared to the risk-based supervision tools in order to identify advantages and disadvantages of both approaches within the framework of risk-focused supervision in the banking sector. The methodology for "Evaluation of Risk Management Systems in Banks (ERMSB)" approach was developed and implemented in the banking sector of Azerbaijan. Important discoveries were made during the analysis conducted by the relevant department (authority) at the Central Bank of Azerbaijan and necessary targets identified before the analysis was reached. According to our evaluations, the proposed method is assumed to increase efficiency within the scope of risk-focused supervision.
- Publication
Uludağ Journal of Economy & Society / Uludağ Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 2017, Vol 36, Issue 1, p157
- ISSN
1301-3386
- Publication type
Article