Enterprise Risk Management Practices in Ethiopian Private Banks Case Studies
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Date
2015-01
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Addis Ababa University
Abstract
The reluctance of banks to effectively run Enterprise Risk Management program was
the concern of NBE for years. This Project paper, therefore, is aimed to explore the
practice of Enterprise Risk Management in Ethiopian Private Banks. Currently, there are
16 private commercial banks working in the country, some of which are celebrating
their 20 years anniversaries. To represent all the 16 private banks, the researcher
grouped them in to three categories. Dashen, Nib and Addis International banks were
selected from each category in simple random sampling method. The data was
collected through questionnaire and face to face interview. The questionnaires were
distributed to Risk Committee members of the Board; senior executives of the bank
management; Risk Management Unit personnel and Chief Controller of each bank. The
interview was made with NBE’s CBSD expert assigned by the Director. The research
reveals that the practice is well understood by all stakeholders but is in its infant stage
where continuous follow up and development requires.Key words: Enterprise Risk Management, Risk Management Program, Risk
Management Unit, Chief Risk Officer, Credit Risk, Liquidity Risk
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Keywords
Enterprise Risk Management, Risk Management Program, Risk Management Unit, Chief Risk Officer, Credit Risk,, Liquidity Risk