风险管理 第一章(国外英语资料).docVIP

风险管理 第一章(国外英语资料) 1.1 risk and risk management With the leading ability and level of risk management, it becomes the most important core competitiveness of commercial banks 1.1.1 risks and benefits 1. definitions of risk three (1) risk is the uncertainty of future outcome: abstraction and generalization (2) risk is the possibility of loss: the probability distribution of loss; in line with the financial regulatory authoritys thinking model of risk management (3) risk is the deviation of expectations from future results (such as return on investment), that is, Volatility Consistent with the modern concept of financial risk management: risk is both a source of loss and a basis for profit 2. do not confuse risk with loss Risk: the prior concept, the state before the loss occurs Loss: ex post concept 3. loss type Expected loss - extracting reserves and reducing profits Non expected loss - capital Catastrophic losses - strict restrictions on high-risk business in advance 1.1.2 risk management and commercial bank management The commercial banks of our country take the principle of safety, liquidity and efficiency as the management principles Risk management is one of the core contents of commercial bank management 1., to undertake and manage risks is the basic function of commercial banks, and also the motive force for the continuous innovation and development of commercial banks - to improve the capital structure and allocate capital effectively The market maker said: the inter-bank foreign exchange market maker guidelines, refers to the State Administration of foreign exchange (hereinafter referred to as the foreign exchange bureau) approval, in Chinas interbank foreign exchange market trading of RMB and foreign currency, to assume the market members continued buying and selling prices for the obligations of the inter-bank foreign exchange market members. 2., as a means of commercial banks to implement business strategy, greatly changed the business management model of c