Network Banking Risk Management

Author: Yang Li
Publisher:
Publish Date: 2006-10-01
Features: At the end of 2006, with the full opening of China's financial industry, the competition in online banking will be the first impact faced by China's banking sector. Chinese online banks must accelerate development in business philosophy, innovation, and market expansion to enhance the overall competitiveness of China's financial industry. Under this context, this book analyzes and studies the risks and countermeasures faced by domestic and international online banks, which holds significant theoretical and practical implications. The book provides a comprehensive analysis of online banking risk management. From the emergence of online banking to its historical evolution and the latest development trends, the author systematically examines various aspects of online banking risk management. Particularly, the author uses traditional banking risk management as a starting point and, from the perspective of online banking operations, employs advanced VAR analysis methods and Monte Carlo models for analysis. This is the greatest innovation of the book and serves to fill a gap in the field. Structurally, the book is divided into three parts: the first part is an overview of banking risk management; the second part studies traditional risk areas in online banking risk management; and the third part discusses risks unique to online banking.