Activation of the role of operational risk management to improve the financial and administrative performance of banks to achieve sustainable development objectives " field study "

Document Type : Review Article

Authors

1 Agricutural bank of egypt

2 Faculty of Commerce - Ain Shams University

3 Faculty of Commerce-Sohag University

Abstract

The study aimed to demonstrate the importance of operational risk management in banks and to identify qualitative and quantitative requirements to activate operational risk management, which were included in the basic clauses of the international Basel II agreement and binding by the Central Bank to seek to implement the best international practices in the field of banking supervision, to achieve the strategic goals of the state and achieve the objectives of sustainable development.
The study dealt with the impact of activating operational risk management on the financial and administrative performance of banks and its reflection on achieving sustainable development goals. The field study was applied to a number of national and investment banks within the Arab Republic of Egypt affiliated with the Central Bank of Egypt, The study concluded that activating operational risk management achieves sustainable development goals by improving the financial and administrative performance of banks. Expanding the application of the system to include all branches of the bank due to the positive results that this system achieves for the benefit of the bank. It also recommends the need for banks to pay attention to financing projects that serve the goals of sustainable development.

Keywords

Main Subjects