A Structured Approach to Enterprise Risk Management in Ethiopian Commercial Banks

A Structured Approach to Enterprise Risk Management in Ethiopian Commercial Banks

Blog Article

The aim of the study was to develop an enterprise risk management framework for Ethiopian commercial banks.This approach is undertaken to enhance the risk management systems here and practices and foster the soundness and stability of the Ethiopian banking system.The study employed a multi-stage mixed methods research design that includes content analysis, survey study and Delphi techniques.The study established an enterprise risk management framework that comprises seventy-one constructs and seven factors.

The factors here include Vision, mission, core values and strategy, Risk management environment, Risk management function, Risk Management tools and process, Risk appetite and tolerance limit, Alignment and integration, and Enhanced value.