Risk Management at Ahli Bank, Sultanate of Oman
Journal Title: International Journal of Empirical Finance - Year 2015, Vol 4, Issue 3
Abstract
The financial crisis made glaring revelations about the inherent weakness of financial institutions regarding their risk governance and risk management. This has created a need in the financial institutions world over to properly identify, understand and control the inherent risks and mitigate them for sustainability. This case looks at the risk management practices at Ahli Bank, Sultanate of Oman. The case starts with a brief description of Ahli Bank and then the policy related to risk management followed at Ahli Bank is described followed by the discussion of the process for embedding the policy within the organization. The subsequent sections identify and report the issues pertaining to the practice within the organization followed by the mechanism used for enforcing the practice. The case concludes with the lessons learnt.
Authors and Affiliations
Jaya Sangeetha
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