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Finance and Credit
 

Concept of operational risk

ISSUE 39, OCTOBER 2013

Available online: 28 October 2013

Subject Heading: RISK - MANAGEMENT

JEL Classification: 

Khabibullin R.R. Graduate Student, the Department of Banking and Securities, the Baikal National University of Economics and Law
hrr0889@rambler.ru

In the article the essence of the category "operating risk", taking into account the given definition in sources of literature and normative documents of Bank of Russia is considered. On the basis of consideration of definitions of "risk" and "operation", author's definition of operating risk is offered.

Keywords: risk, operation, losses, losses, danger, operating risk, estimation, estimation of operating risk

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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