The contribution of the risk management to the business performance: A case of CRDB Bank Plc
| dc.contributor.author | Pallangyo, Nikanuru S | |
| dc.date.accessioned | 2024-08-13T08:59:55Z | |
| dc.date.available | 2024-08-13T08:59:55Z | |
| dc.date.issued | 2015 | |
| dc.description | A dissertation submitted in partial fulfilment of the requirement for the Degree of Master of Science in Accounting and Finance (MSC A&F) of Mzumbe University | |
| dc.description.abstract | This research was carried out at CRDB Bank Plc with the aim of exploring the contribution of the risk management to the bank performance. The specific objectives of the study were to determine how the firm control risk in the business, to determine the contribution of risk management towards the business performance and to examine the risks that are frequently identified and reported by the CRDB Bank. The methods used in data collection were observation, interview and questionnaire. Collected data were analyzed using Ms Excel and statistical package for social sciences (SPSS), data presentation was based on tables and figures. The study findings reveal that there is a strong relationship between risk management and bank performance, that CRDB bank policy, rules and regulations support the risk management strategy in the bank. Risk control involves using physical measures, techniques, tools and/or training staff to avoid, reduce, prevent or eliminate the perceived financial consequences and other undesirable results of risks. The strong internal control and internal auditing of the bank has strong risk management strategies situation which increase bank performance. These risk management strategies help the bank to minimize the risks that affect its performance. The study concludes that human resource in the bank is the major factor which helps in managing risk. These factor help in recruiting employees; consider the benefit and health of employee. Those professional and well motivated employees are able to reduce risks and manage unnecessary risks to happen. CRDB bank Plc has high performance in its business due to good governance and risk management which help in managing well their projects and lead to good continuity of the business including security of the business. The study recommends the overall responsibility of risk management vests in bank‟s board. The board should outline risk management strategy and formulate well-defined policies and procedures. Risk management department be made on portfolio or business line basis, to adopt a holistic approach judging the overall risk exposure in assessing and managing risk profile of the bank | |
| dc.description.sponsorship | Private | |
| dc.identifier.citation | APA | |
| dc.identifier.uri | https://scholar.mzumbe.ac.tz/handle/123456789/1057 | |
| dc.language.iso | en | |
| dc.publisher | Mzumbe University | |
| dc.subject | Risk Management-CRDB Bank | |
| dc.subject | Bussiness Performance | |
| dc.subject | Financial Institutions Policies | |
| dc.subject | Bank security system | |
| dc.subject | Insurance coverage | |
| dc.subject | Technology infrastructure | |
| dc.title | The contribution of the risk management to the business performance: A case of CRDB Bank Plc | |
| dc.type | Thesis |