MANAGEMENT OF RISK IN THE BANKING SECTOR

ZORMELO, KWADWO LAWRENCE; PEPRAH, MANU PETER; GYAMFI, ERNEST; AGYEIWAA AGYEPONG, YAA; KORANTEMA APPIAH, SHEILA; OSEI BEGYINA, RONALD

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dc.contributor.author	ZORMELO, KWADWO LAWRENCE
dc.contributor.author	PEPRAH, MANU PETER
dc.contributor.author	GYAMFI, ERNEST
dc.contributor.author	AGYEIWAA AGYEPONG, YAA
dc.contributor.author	KORANTEMA APPIAH, SHEILA
dc.contributor.author	OSEI BEGYINA, RONALD
dc.date.accessioned	2012-11-22T11:12:07Z
dc.date.accessioned	2022-01-20T10:38:48Z
dc.date.available	2012-11-22T11:12:07Z
dc.date.available	2022-01-20T10:38:48Z
dc.date.issued	2012-11-22
dc.identifier.uri	http://localhost:8080/xmlui/handle/123456789/3068
dc.description	It has been observed in the financial sector that most of the banks do not achieve what they have planned to achieve due to deviations in the financial sector or banking sector. The reason for this failure is associated with the steps that banks undertake in the process of achieving the stated objectives. However, it becomes risky when there are differences in possible outcomes and deviations in expectations. The banking sectors continue to experience risk of different kinds, as a result of the differences of outcomes. It becomes very crucial when banks are seen as an activity of throwing a-die, where the possible outcome cannot be predetermined before performing the activity. The degree of the risk is the measure of the accuracy with which the outcome of an event based on the changes can be predicted. It implies that the accuracy of the predictions of an outcome of an event base on the chances, the less the degree of risk vis-à-vis, the less accuracy predictions the more the degree of risk.	en_US
dc.description.abstract	The study is mainly on risk management in Okomfo Anokye Rural Bank Ltd. The study focused on the identification of the various types of risk facing O.A.R.B.Ltd. and how best these risk identified could be controlled to the barest minimum. The study again sought to determine the various steps used to control risk in O.A.R.B.Ltd and how best proper risk management could lead to maximization of shareholders wealth. The methods used for the study were data collection techniques which involve the use of questionnaires and interviews, as well as quantitative and qualitative approach to research. The findings of the study were : Okomfo Anokye Rural Bank Ltd. faces loan default risk, risk involving payments of entitlements to staff and customers who are hurt by the bank in the course of its operations, payments of forgery cheques, wrong crediting and debiting of customers accounts by staff and risk involving fluctuations in exchange rate on the market. The study concluded that the Bank has internal risk management mechanism in place but it does not have department purposely for risk management. However, it was recommended that O.A.R.B.Ltd. should have a risk management department in order to handle all issues that concern risk so as to reduce losses associated with risk.	en_US
dc.subject	MANAGEMENT	en_US
dc.subject	BANKING	en_US
dc.subject	RISK	en_US
dc.title	MANAGEMENT OF RISK IN THE BANKING SECTOR	en_US
dc.title.alternative	A CASE STUDY CONDUCTED AT OKOMFO ANOKYE RURAL BANK	en_US
dc.type	Thesis	en_US