StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Banks risk management: a comparison of UAE national and foreign banks - Case Study Example

Cite this document
Summary
Although the authors identified the three main risk areas that the local and foreign banks face, such as foreign exchange, credit and…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
Banks risk management: a comparison study of UAE national and foreign banks
Read Text Preview

Extract of sample "Banks risk management: a comparison of UAE national and foreign banks"

“Bank’s Risk Management: A Comparison Study of UAE national and Foreign Banks” Criteria 6 The focus of the article was to determine the risks that most banks within the UAE region face with a view of providing viable solutions. Although the authors identified the three main risk areas that the local and foreign banks face, such as foreign exchange, credit and operating risks, he failed to illustrate the causes and impacts of those issues (Al-Tamimi and Al-Mazrooei 394-409). In this regard, it is apparent that the comparison did not yield the required conclusion.

This is because the emphasis was on the local UAE market, yet all risks affect all banks across the region. For instance, the foreign exchange is experienced by banks all over due to variations in money values and economic trends. The writers did not address the solution of specific risks, but generalized all risks together. It is also essential to note that solving credit and operating risks are internal problems that vary depending on the management policies. As a result, the article does not give examples of how some of the local or foreign banks in UAE handle the different risks (Al-Tamimi and Al-Mazrooei 394-409).

Alternatively, risks emerge from internal or external influences in the banking industry. The identification of risks alone does not provide a genuine basis for comparison purposes. It would be appropriate to show the common causes of those risks and their impacts on the operations of the banks. The reasoning of the writers was positive, but the conclusions were contrary to the findings. For example, the writers indicate that the UAE banks experience similar risk factors by concluding that they differ in the risk assessment, supervision and controlling.

This fact does not illustrate how the entire process is achieved (Al-Tamimi and Al-Mazrooei 394-409).Work CitedAl-Tamimi, Hussein A. H. and Al-Mazrooei, Faris M. "Banks Risk Management: A Comparison Study of UAE National and Foreign Banks." The Journal of Risk Finance 8.4 (2007): 394-409. Print.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Banks risk management: a comparison study of UAE national and foreign Case”, n.d.)
Retrieved from https://studentshare.org/finance-accounting/1667441-banks-risk-management-a-comparison-study-of-uae-national-and-foreign-banks
(Banks Risk Management: A Comparison Study of UAE National and Foreign Case)
https://studentshare.org/finance-accounting/1667441-banks-risk-management-a-comparison-study-of-uae-national-and-foreign-banks.
“Banks Risk Management: A Comparison Study of UAE National and Foreign Case”, n.d. https://studentshare.org/finance-accounting/1667441-banks-risk-management-a-comparison-study-of-uae-national-and-foreign-banks.
  • Cited: 0 times

CHECK THESE SAMPLES OF Banks risk management: a comparison study of UAE national and foreign banks

Chatham Branch of Canadian National Bank

In this paradigm banks need to be very responsive to customers' needs with regards to their financial products and services.... banks also need to utilize their resources very efficiently and undertake strategies which help them to reduce their operating costs.... Executive Summary: Chatham Branch of Canadian national Bank is current engulfed in a crisis situation.... In this regards Canadian national bank has implemented a new system by the name of Customer Service Capacity Management (CSCM)....
8 Pages (2000 words) Case Study

Banks R Us Strategic Performance Management

Case study of ‘Banks R Us' Strategic performance management encompasses the process of systematically steering an organization in line with its mission, aims, and strategies.... banks R Us had primarily focused on deposits, withdrawals, and loan facilities by creating brand loyalty.... However, with escalated financial competition and emergence of Internet banking, the strategic performance of banks R Us deteriorated.... Moreover, strategic performance needs to be focused on changing the previous image of banks R Us as a transactions processor of cheques and deposits to a novel image of an excellent financial advisor....
4 Pages (1000 words) Case Study

The Failure of Management of National Westminster Bank

By the 1990s, NatWest's traditional bank branch practices such as mortgage and savings faced stiff competition from newcomers such as Egg and Virgin, upstart retailers, and supermarket banks which rode the wave of the financial services revolution.... The globalization of financial transactions has also partly driven the mergers in the banking industry - making big domestic banks such as NatWest unable to compete in the new financial landscape.... bn pounds to investors - more than enough to compete against the potential cash return contained in the separate bids from the two Scottish banks....
2 Pages (500 words) Case Study

First Online Bank in the United Kingdom: The Egg Bank

According to this reform, banks are required to increase their amount of capital to support their activities.... banks are still unsure of how strong the reforms will be and what will be its effects.... People are now looking away from the banks as they have no means of re-payments of loans from the banks.... Also, many people are indifferent to the products that are offered by the banks and are looking for some better options in which they could invest....
5 Pages (1250 words) Case Study

Improving Customer Service and Customer Loyalty

The major area of concern, in these regards, is that while customers have experienced increased hardship as a direct result of the economic recession, all banks remain under the same financial constraints.... While banks face these constraints, this particular bank in question has differentiated itself on charging higher interest rates....
2 Pages (500 words) Case Study

Case Big Banks Big Bucks

Furthermore,… the rules by which these institutions could measure their own assets and liabilities were further defined so as to leave very little room for interpretation of what the data actually represented and/or the fair market value of these assets/liabilities. 3) If no changes had been Section/# The Continued Metamorphosis of the Financial System From 2006 until the following banks have received the following sums from the US Federal Government:Bank of America = 336....
2 Pages (500 words) Case Study

OCBC Bank Talent Management and Development

Other factors that have contributed in some way to OCBC's success include better employee remuneration, acquisition of smaller banks and entry into foreign markets.... OCBC has acquired some banks and merging with other financial institutions (Tan, 2013).... Entry into foreign markets has contributed to the bank's success by increasing the customer base of the bank.... At the OCBC learning academy The paper "Oversea-Chinese Banking Corporation Talent Management and Development" is a delightful example of a case study on human resources....
3 Pages (750 words) Case Study

Bank It Practices and Alignment with Business

These processes include customer sourcing, customer registration, loan applications, process, deposit and transaction process, telephone-banking process, over-the-counter banking process, foreign currency deposit process, Offshore banking process, credit card provision, and Capital markets instruments process and customized investment solutions and private equity process.... The national Bank of Abu Dhabi (NBAD) is the leading bank in the United Arab Emirates with more than a hundred branches in the UAE, several ATM's and internet banking....
11 Pages (2750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us