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The Central Bank discusses financial risk management in Erbil
November 26, 2024
The Central Bank of Iraq / Erbil Branch organized a workshop entitled “Managing Financial Risks” and its three types (liquidity, credit, market) in cooperation with the Risk Management Department of this bank.
The workshop attendees discussed knowledge of financial risks and their concept, in addition to procedures for identifying risks, as well as the concept of risks in financial thought, response, analysis, and control.
It is worth noting that the concept of risk is concerned with many aspects of the financial sector, most notably liquidity, market and credit risks, interest rate fluctuations and currency exchange rate fluctuations.
Commitment to the determinants of financial risk management helps protect the institution from negative financial results and benefit from opportunities to achieve financial gains.
This involves... Comprehensive risk assessment, followed by implementation of various strategies such as hedging, diversification, and use of financial instruments to mitigate potential losses and improve financial performance.
Central Bank of Iraq
Media office
2024/11/26
https://cbi.iq/news/view/2718
November 26, 2024
The Central Bank of Iraq / Erbil Branch organized a workshop entitled “Managing Financial Risks” and its three types (liquidity, credit, market) in cooperation with the Risk Management Department of this bank.
The workshop attendees discussed knowledge of financial risks and their concept, in addition to procedures for identifying risks, as well as the concept of risks in financial thought, response, analysis, and control.
It is worth noting that the concept of risk is concerned with many aspects of the financial sector, most notably liquidity, market and credit risks, interest rate fluctuations and currency exchange rate fluctuations.
Commitment to the determinants of financial risk management helps protect the institution from negative financial results and benefit from opportunities to achieve financial gains.
This involves... Comprehensive risk assessment, followed by implementation of various strategies such as hedging, diversification, and use of financial instruments to mitigate potential losses and improve financial performance.
Central Bank of Iraq
Media office
2024/11/26
https://cbi.iq/news/view/2718
