Risk management practices of specialized banks in Pakistan
Government College University, Faisalabad, Pakistan & University of Hail, Hail, Saudi Arabia
The issue of risk management in banks got an important place after the financial crises. Several efforts have been made to improve the risk management and performance of banks including introducing the Basel Accords as well as risk management guidelines by central banks. Consequently, the State Bank of Pakistan has issued risk management guidelines to strengthen the risk management system and to avoid unwanted happening. Specialized banks also play an important role in different sector of economy. As being the part of financial system need is to analyze the degree of Risk Management Practice in these banks also. So this study will be efforts to critically evaluate the specialized banks regarding risk management practices in their operations.
Keywords: Risk Management Practices, Specialized banks