Risk Management and its Implications in the Central Bank and Commercial Banks in Tanzania

This study investigated the impact of risk management with the main focus on the approaches adopted by the Central Bank and Commercial banks on the management of assets and liabilities in the financial institutions. The research was quantitative in nature applying questionnaires as an instrument for data collection. Primary and secondary data sources were used too to serve the purpose. Respondents were purposefully sampled. Of the 30 respondents, 26 were working in commercial banks and 4 in the central Bank of Tanzania. The findings show that there are variations in views regarding the best practices or techniques to be employed and opinion about the impact of the measures taken to manage risks. The variation was also noted in relation to the types of risks the Central bank and Commercial banks are facing and on the measures to improve these risks management approaches or techniques. Although there is a general understanding about risk and its management among the staff at various directorates or departments of risks at the Central bank and Commercial banks, still there is a need for these banks to devise a more sophisticated means of identifying the risk exposures.

Level dc:type.qualificationlevel

masters

Grantor dc:publisher.institution

The Open University of Tanzania

Year dc:date.issued

2013

Author dc:creator

• Nangi, Jackson Andrew

• 658 Gerneral management

Language dc:language

en