Features of operational risk classification and management
In banking sphere special attention to management of risks as a whole and operational risks, in particular, is observed; that it is possible to explain by high degree of a competition between the Russian banks. Only those who besides application of professionally developed marketing strategy are capable to operate risks qualitatively can become successful. The credit organization which can estimate operational risks with the greatest accuracy and also prove these estimations, will reserve the capital under these risks in smaller volumes. Accordingly the bank can considerably raise the competitiveness.