ASSESSMENT AND MANAGEMENT OF KEY RISK INDICATORS IN BANKS

The article describes the presence of the main risk indicators that occur in commercial banks, grouping them according to their scope, attachment of risks to the structural divisions of the bank as the owner. The use of a set of digital measurements to control key risk indicators, as well as methods for predicting and estimating the timing of deficiencies and deviations, are presented. The views oflocal and foreign scientists have been analyzed in the scientific literature on key risk indicators. At the same time, the ways to prevent and manage the main risks in commercial banks were studied and scientific proposals and conclusions were given.Keywords:key risk indicators, risk owner, risk coverage, key control indicators, risk management unit.

Economic Capital Allocation for Corporate Borrowers Credit Risk Coverage

Both the estimation of economic capital for bank's credit risk coverage, and the allocation of economic capital by sources in order to determine the contribution of individual elements to total credit risk play an important role in the area of risk management of a bank. The estimation of a bank's economic capital for credit risk coverage serves as a starting point in the management of a bank's credit risk, while the allocation of economic capital to cover credit risk among individual elements allows to answer the question of how individual elements contribute to the total credit risk of a bank, which makes it possible to take certain decisions on credit risk management based on the obtained results of allocation. Nowadays, there are various theoretical methods and approaches to solve this nontrivial issue. The authors of the article attempted to implement them in practice, to estimate economic capital for credit risk coverage of a commercial bank and to allocate it among elements. This problem was solved applying the Euler allocation method and kernel regression.

PERTANGGUNGAN RISIKO TERHADAP SEJUMLAH MINYAK YANG SUSUT DALAM MASA PENGANGKUTAN

Coverage is covering all impacts resulted from decisions or actions taken in the event of a default. The contract for transportation agreements concerning oil tank truck rental is often made in a standard contract, a contract prepared in advance by one party and the other party only has the choice to accept or reject the agreement. The results showed that the practice of risk coverage depreciation of fuel transportation from the loading to the destination location could be a decrease of fuel volume in the tank due to changes in temperatures at night (cold) and during the day (heat) at the unloading location. Both parties have been agreed in this matter, that if depreciation of fuel is within the specified tolerance limits, the carrier is not subject to compensation. However, if the depreciation of the fuel volume exceeds the tolerance limit for depreciation, the carrier is responsible for the loss. Abstrak: Pertanggungan merupakan menanggung segala sesuatu sebagai akibat dari keputusan yang diambil atau tindakan yang dilakukan apabila terjadi suatu wanprestasi. Kontrak perjanjian pengangkutan dalam hal sewa menyewa truk tangki minyak sering dibuat dalam bentuk kontrak standar, di mana suatu kontrak telah dipersiapkan terlebih dahulu oleh salah satu pihak dan pihak yang lainnya hanya dihadapkan pada pilihan untuk menerima atau menolak perjanjian tersebut. Hasil penelitian menunjukkan bahwa praktik pertanggungan risiko penyusutan pengangkutan BBM dari tempat pengisian sampai dengan lokasi tujuan memang dapat terjadi penyusutan volume BBM yang ada di dalam tangki karena perubahan suhu dingin pada malam hari dan panas pada siang hari di lokasi pembongkaran. Untuk hal ini memang telah disepakati antara para pihak yang melakukan perjanjian, bahwa dalam hal terjadinya penyusutan BBM sesuai dengan batasan toleransi yang ditentukan maka pihak pengangkut tidak dikenakan ganti rugi. Akan tetapi jika penyusutan volume BBM melebihi batasan toleransi penyusutan maka pihak pengangkut bertanggung jawab atas kerugian tersebut. Kata kunci : Pertanggungan risiko, Penyusutan, Ekspedisi

Application Of The Principles Of Insurance Law In Fire Insurance Agreements On Credit Guarantees Attached Object Security Rights

The purpose of this study were 1) to know application of the principles of insurance law in fire insurance agreements on credit guarantees attached object security rights, 2) To know the weaknesses in the application of the principles of insurance law in fire insurance agreements on credit guarantees attached object security rights.Approximation methodused is a normative juridical research that refers to the theories, doctrines, norms, principles, rules relating to matters pertaining to insurance law. The nature of this research was analytic descriptive depict or describe the facts with the implementation of analytical and systematic.Based on this study concluded that 1) Application of the principles of insurance law in fire insurance agreements on credit guarantees attached object security rights are concerned principle consensual taken from one of the terms of agreement, namely the agreement of both parties. People can not be forced to give agreement. Agreed given by force is a contradiction interminis. Coercion indicates the absence of agreement that may be performed by other parties. The deal gives the option to the parties, to agree or disagree bound by a treaty with legal consequences. 2) A weakness in the application of the principles of insurance law in fire insurance agreements on credit guarantees attached object encumbrance is Risk Coverage and Exclusions goods insured.Keywords: Principles of Law; Insurance, Agreements; Fire; Collateral Loans; Mortgage.

Teresa Mannion and the Emergence of Extreme Weather Culture in Ireland

In this article I consider how registers of weather media carry/convey cultural information, specifically how texts about extreme weather articulate with investment in a supposed post-recession restored normality marked by the Irish government's commitment to deregulated transnational capitalism. I maintain that, in a process of cross-cultural remediation, sensationalist codes of US weather media that discursively manage awareness of systemic climate problems are just starting to infiltrate the Irish broadcasting environment. In early December 2015 RTÉ’s Teresa Mannion covered a strong gale, Storm Desmond, amidst inclement conditions in Salthill, Co Galway. Modelling the kind of ‘body at risk’ coverage consummately performed by US Weather Channel personnel, Mannion could barely speak over the lashing rain and strong winds in a dramatic broadcast that quickly became a viral video. This article analyses the fascination with Mannion's piece and its memetic, and attends to the nature of the pleasure taken in her on-camera discomfiture and the breach of gendered territory committed by Mannion at a time when national popular culture in Ireland is under increased obligation to identify and explain climate change-related extreme weather.

Implications of Commodity Programs and Crop Insurance Policies for Wheat Producers

We analyze the effects of Price Loss Coverage (PLC), Agriculture Risk Coverage (ARC), individual revenue protection insurance (RP), and Supplemental Coverage Option (SCO) on the RP coverage level, certainty equivalent, and program payments. The model is calibrated to a representative wheat farm in Mitchell County in Kansas to analyze the effects of various policies. The result highlights that when insurance is framed as an investment, cumulative prospect theory predicts farmers’ coverage decisions accurately at 70%. ARC or PLC program increases the RP coverage level to 75%, but PLC and SCO jointly decrease the RP coverage level to 70%.

Regulatory assessment of the bank market risk: international approaches and Ukrainian practice

The implementation of international standards for the bank risk assessment and market risk, in particular, in Ukrainian banking practice is aimed at achieving common standards for regulating banking activities in different countries. This should help to increase the banking sector stability in Ukraine and, accordingly, increase the interest of foreign investors.The article deals with the methodological approaches to assessing the bank market risk (in particular, SA, IMA and R-SbM approaches) recommended by the Basel Committee on Banking Supervision in terms of standardization and unification of the normative framework of capital requirements for Ukrainian banks. Considering the analysis results, it was determined that the choice and implementation of an optimal approach in the context of Ukrainian banking practice can be carried out in one of two alternative scenarios: 1) a simplified version of a sensitivity based method (R-SbM); and 2) a recalibrated version of the Basel II standardized approach. In this case, the Basel II recalibrated version is more acceptable for use by banks, since it is most relevant to volume and complexity of transactions carried out by Ukrainian banks.The obtained results are aimed at improving the existing methodology for calculating the adequacy ratio of banks' regulatory capital (N2), which currently considers only the needs for credit risk coverage, and at refining the methodology in terms of considering banks' market-risk coverage needs.