A New Risk Strategy for European Cooperative Banks in Contemporary Economic Crisis

Abstract

The quality of the banking management and of the risk management represents the essential stepsfor the insurance, the security and the stability of each bank individually. In this article, the authors intends tounderline the main aspects regarding the risk in sustainable development of European credit institutions andthe theoretical and practical aspects that can contribute to increasing performance management in creditinstitutions. In times of crisis, risk management in the banking system has a greater importance than in thenormal economic times. The 2011 was a year in which Romania has been hit by the repercussions of theinternational economic crisis.

Keywords

• risk management
• risk administration
• compound risk
• crisis management team
• communication during crisis.