Risk Management of PICIC Commercial Bank
CHAPTER 1INTRODUCTION OF THE REPORT
1.1BACKGROUND OF STUDY
Risk management is a discipline at the core of every financial institution andencompasses all the activities that affect the risk profile. It involves identification,measurement, monitoring and controlling risks to ensure that individuals whomanage those risks, should understand that clearly and the exposure of the firmremains within the limits identified by BOD. Risk taking decisions are explicit,clear and in line with the objectives of the firm.Risk management is a continuous measured, rational, and vigilant process. It isdesign to identify and manage the risks inherent in the banking business. The goalof an effective risk management process is not only to avoid financial losses butto ensure that the bank achieve its targeted financial results.
1.2PURPOSE OF STUDY
The main purpose of this research is to apply my theoretical knowledge practically, to enhance my skills of report writing and to fulfill my degreerequirement as well.
1.3SCOPE OF WORK
My scope of work is limited to the study of different risks in banking and how a bank manages it under the guidelines of SBP. There were limitations of time anddata availability as well.
1.4METHODOLOGY OF RESEARCH