出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：This study reviews the risk management practices among banks in Nigeria with particular reference to the role of the Central Bank of Nigeria . Data were gathered through structured questionnaires, the banks’ annual reports and accounts, relevant CBN publications and other related literature. The study revealed among others that poor risk awareness and management practices among banks has led to the intermittent turmoils experienced in Nigeria’s banking sector. It also revealed that many banks adopted a reactive approach to risk instead of being proactive and this has eroded to a reasonable extent depositors funds . The study recommends that Central Bank of Nigeria and other banks' managements should establish proactive risk management strategies while necessary infrastructure are put in place to enforce them. There should also be adequate provision of the needed risk infrastructures like the state of the art technologies, personnel and processes in the banks. The apex regulators should set out strategies that will sternly regulate the risk culture and appetite of the banks, conduct periodic recertification of banks on risk management and put the neccessary framework that will ensure compliance . The hitherto firebrigade approach to risk management should be eschewed as this sends an undeserved panic on stakeholders and erodes public's confidence in the banking system in Nigeria.
关键词：Financial Risk; Risk Appetite; Risk Disclosure; Risk Management; Central Bank of Nigeria.
