Published October 7, 2023
| Version v1
Journal article
Open
EFFECTIVE RISK MANAGEMENT IN BANK: SAFEGUARDING STABILITY AND ENSURING GROWTH
Authors/Creators
Description
This article delves into the critical realm of risk management within the banking sector, exploring its multifaceted aspects, challenges, and future trends. It emphasizes the importance of effective risk management strategies in maintaining financial stability, ensuring regulatory compliance, and fostering investor confidence. It concludes by emphasizing the path forward, urging banks to embrace innovation, cultivate a culture of risk awareness, and uphold customer trust through strategic risk management practices.