Кыргыз Республикасындагы коммерциялык банктарда рисктерди башкаруу

Abstract

As we know banks are fundamental link of market economy.Development of their activities is one of the most important factors inmarket economy structure. Today contemporary banking system becomesan important sphere of developed countries' national economies. Thesignificant changes in banking system for last years are related withgrowth of credit relations resulted by the transition of socialist countriesto market economy. Therefore renewing of money circulation and creditsshould be one of the obligatory conditions in market system andstructure. That's why minimization of distribution of money resources bycentral body and their horizontal circulation in financial market are oneof the most main goals of banking system. Development of financialmarket is related with the change of credit institutes' role and increasingof credit politics' importance in market economy.The concept of risk is being renewed and its meaning amongsociety was changed with the formulation of market. In Soviet periodconcept of risk was deprived of importance because all subjects acted incentralized economy. If saying by other words, at that time state wasresponsible for all appeared risks. Today market economy has changedeverything cardinally and day by day the importance of professional riskmanagement, operational identification and considering of all factors thatcan be the reason of any risk is increasing.Today risk management is the basis of banking activities. Forinstance, currency risk, interest risk, credit risk and others. In globalworld because of international cash transactions, accounting and otherfinancial operations resulted by development of derivative instrumentsand market relations, currency risk' meaning is growing.Using of innovative banking products in dynamic market relationshas empowered the significance of currency risk in banking system.International economic conjunction is the reason of creditrelation's growth and interest rate changes in banking sector, which is the part of one whole system, also plays an important role in definition ofinterest risk in banking system.Credit relations are basis of banking activities and show thequality of their service and efficiency of their activities. Credit riskmanagement process has a definite importance and that's why banks'success is related with it.For last years risk management is one of the most actual problems.As we know, «how the risk level is high, the income is high so», inglobalization process professional risk management has found his placeand role in banking system. In dynamic world, risk negatively effects onbeginning from daily life of citizen to whole world economy,international economic relations, banking transactions and financialsystem.Today risk has increased its actuality, and day-by-day indeveloped local and foreign banks there was created new innovativemethods and risk meters used in risk management and estimation.These methods are created due to programming based on statistic,econometric and mathematic methods. Accorded on these reasons Idecided to research the master thesis's theme `Risk Management incommercial banks of Kyrgyz Republic`.In this master thesis it is considered to study factors, whichbecame the result of risk in banks and their minimization ways; place ofcommercial banks' risks in banking system; risk management andestimation methods and using method of them in Kyrgyz Republicbanking system.