Publication at Faculty of Social Sciences |
2004
Abstract
The world's leading banks and financial entities are turning to risk management methods which would help them to monitor their exposure to market and credit risk. A method, which is analytically tractable is the 'Value at Risk' (VaR) technique for calculating and controlling market risk.
In our research we are focusing on the 'Credit Value at Risk' approach where we investigate the treatment of risk exposure and utilization of modern risk management tools in the financial and banking sectors. Furthermore we explore the applicability of such tools and methods in the Czech Republic.