外文翻译--银行风险管理研究比较（阿联酋国家与阿联酋外资银行）（节选）

《外文翻译--银行风险管理研究比较（阿联酋国家与阿联酋外资银行）（节选）》由会员分享，可在线阅读，更多相关《外文翻译--银行风险管理研究比较（阿联酋国家与阿联酋外资银行）（节选）（5页珍藏版）》请在毕设资料网上搜索。

1、1200 单词， 6700 英文字符， 2000 汉字 出处： Al Tamimi H A H, Al Mazrooei F M. Banks risk management: a comparison study of UAE national and foreign banksJ. Journal of Risk Finance, 2007, 8(4):394-409. 外文翻译 Banks risk management: a comparison study of UAE national and foreign banks Material: The Journal of Risk

2、Finance Vol.8 No.4, 2007 Author: Hussein A. Hassan Al-Tamimi , Faris Mohammed Al-Mazrooei Introduction Risk management is a cornerstone of prudent banking practice. Undoubtedly all banks in the present-day volatile environment are facing a large number of risks such as credit risk, liquidity risk, f

3、oreign exchange risk, market risk and interest rate risk, among others?risks which may threaten a banks survival and success. In other words, banking is a business of risk. For this reason, efficient risk management is absolutely required. Carey 2001 indicates in this regard that risk management is

4、more important in the financial sector than in other parts of the economy. The purpose of financial institutions is to maximize revenues and offer the most value to shareholders by offering a variety of financial services, and especially by administering risks. Recently many commercial banks have ap

5、pointed senior managers to oversee a formal risk management function. Risk can be classified into systematic and unsystematic risk. Systematic risk is associated with the overall market or the economy, whereas unsystematic risk is related to a specific asset or firm. Some of the systematic risk can

6、be reduced through the use of risk mitigation and transmission techniques. In this regard Oldfield and Santomero (1997) refer to three generic risk-mitigation strategies: (1) Eliminate or avoid risks by simple business practices; (2) Transfer risks to other participants; (3) Actively manage risks at the bank level acceptance of risk. Thus, financial intermediaries may avoid specific risks by simplifying business practices and minimizing activities that inflict risk. Activities wi