Bobyl' V.V.Dnepropetrovsk National University of Railway Transport named after Academician V. Lazaryan, Dnepropetrovsk, Ukraine Vladimir_bobyl@list.ru
Subject The article addresses issues related to bank risk management under crisis. Objectives The paper studies trends in developing a new concept of bank risk management under crisis and provides recommendations for its improvement. Methods I employ general scientific and special research methods, namely, scientific abstraction, analysis, synthesis, induction, deduction and comparison. Results I reveal and analyze major differences in bank risk management in a stable environment and under a financial crisis. Special focus is on the new concept of bank risk management during a crisis. The paper considers internal and external instruments and main organizational and economic areas of concept implementation. In the course of risk-based banking supervision and defining the amount of contribution to the deposit insurance fund, I suggest using an integrated indicator of bank risk management efficiency, which includes bank's financial performance indicators and indexes to assess the effectiveness of bank risk management. To reduce the 'moral' risk, I recommend to determine the amount of guaranteed compensation, depending on interest rate on deposits. Conclusions The main components of the modern concept of risk management under crisis include the transition from traditional banking supervision to risk-based control; differentiation of the amount of insurance premium depending on bank's financial condition and the degree of its risk management system effectiveness; management of banking risks by responsibility centers; bancassurance implementation; anti-crisis development strategy of the bank.
Keywords: concept, risk, bank, management, crisis
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