Following

Getting more & more complex.

To manage the affair of the company both in the private & public sector call for professional management under the planning controlling the finance management while reviewing at every sector & also for the periodic planning & performance of finance .

Risk Management to be controlled only at the company level instead of taking the recourse of financial sector with their necessary help for moving our management planning but to me we have to take all requisite care before taking recourse to financial planning from outside agency .

For this sometime back I have expressed my overall views for risk & financial management which I submit herewith for your kind perusal

Management to Man to Man the affairs of the company ,organization whether small scale or large scale & even we can think also the manage the affairs even for the family group. We may go one step further that management is for our life also if we want to make in the line with the system & methods.

Stakeholder management why to think in the of stake when we wish to plan & to manage any matter for our good or even for the establishment we should not think of stakeholder management .

When we all have narrated the stakeholder management it is necessary to think for the expectation Management .When we talk regarding the expectation it indicates hope,aspiration & positive result of our working & how can we tune the said aspect by viewing under stake holder management.

When we have used the word stakeholder management it means we are planning to process & to go for the risk management & nothing more .It means in totality such sort of management we are to think on for speculation ,even for gambling & we may think for foul practice in the management by losing the moral code & ethics that Honesty is Best Policy in the business 

This is my personal opinion

The long term direction is a loss of expertise uniqueness, since banks are slow-moving as credit houses, and they use aggregated modeling.

A radically different direction goes towards the extreme personalisation, with creditworthiness tracked in the micro-analytical detail (accumulation of individual transactional big data relevant to creditworthiness).

With this radical model, banks become irrelevant.

Once upon a time everyone wanted gold. Who wants gold today?

Commercial banks seem to still sit on gold, instead of thinking.

Dear Colleagues and Friends from RG,

I would like to add the following to the discussion above:

The importance of commercial banks for economic development in developing countries.

The above discussion inspired me to formulate the following question:

What is the role of commercial banks in achieving economic development in developing countries?

On the basis of the above considerations and conclusions drawn from the discussion on interesting issues discussed, I formulated the following thesis that the role of effective development of commercial banks is significant for economic development in developing countries. of particular importance is the quality of the loan portfolio and the effectiveness of the process of improving credit risk management as well as the efficiency of banking supervision institutions.

Below I have described the key determinants confirming the formulated research thesis. To the above discussion I would like to add the following conclusion formulated as a summary of my previous considerations on this topic: The importance of commercial banks for economic development in developing countries.

The role of commercial banks in achieving economic development in both highly developed and developing countries can be large. whether it is big or small depends on the level of development of the banking system in a given country, including also what part of the national economy is the financial sector, including the banking sector. Sometimes in the circles of scientists studying this issue there are considerations whether the financial sector is not too developed in relation to other branches of the economy in some highly developed countries. Such considerations usually appear in the situation of research and analysis of the sources of the global financial crisis of 2008.

The significance of the banking sector in the national economy is determined, among others, by factors such as the level of technological development of online banking, the implementation of ICT and Industry 4.0 information technology in banking, the level of financial capital that banks use to conduct lending, the effectiveness of credit risk management improvement processes, the quality of loan portfolios , efficiency of banking supervision institutions and central banking, etc. I conduct research in this area. The conclusions of the research I published in scientific publications that are available on the Research Gate portal.

In line with the above, in my opinion, the role of effective development of commercial banks is significant for economic development in developing countries. The quality of the loan portfolio and the effectiveness of the process of improving credit risk management as well as the efficiency of banking supervision institutions are particularly important.

Do you agree with me on the above matter?

I conduct research in this area. The conclusions of the research I published in scientific publications that are available on the Research Gate portal.

In view of the above, I am asking you the following questions:

- What is the role of commercial banks in achieving economic development in developing countries?

- To what extent is the quality of the loan portfolio correlated with the effective development of the domestic economy?

- Does the effectiveness of the process of improving credit risk management have an impact on the financial results of banks?

- Is the efficiency of financial supervision institutions correlated with the effective development of the financial sector?

- What is the correlation between the issue of the effectiveness of credit risk management and the genesis of banking, financial and economic crises?

- What do you think about this topic?

- What is your opinion on this topic?

Please reply.

I invite you to discussion and scientific cooperation.

Thank you very much.

Best wishes.

Dariusz Prokopowicz

Dear Mala Babagana Gutti, Emmanuel V Murray, Rohit Manilal Parikh, Renaud Di Francesco, Thank you very much for participating in this discussion and providing inspiring and informative responses. Thank you for the sent proposals of interesting topics, research issues, etc. related to this issue.

I am very glad that an interesting discussion has started.

Thank you very much and best regards,

Have a nice day,

Dariusz Prokopowicz

In the context of this discussion, the key research issue is the analysis of the correlations between the development of online and / or mobile electronic banking and the growing importance of improving the cybercrime risk management process. Therefore, another question arises: Due to the dynamic development of online and / or mobile electronic banking, is the importance of managing the risk of cybercriminal attacks on electronic banking systems and bank information systems also increasing? Therefore, do banks already spend more on the above-mentioned improvement of the cybercrime risk management process compared to other, more classic risk categories in banking?

Thank you, Greetings,

Dariusz Prokopowicz

Dear Renaud Di Francesco,

Yes. The Big Data Analytics technology is used in modeling carried out to support the creditworthiness analysis process.

Thank you very much,

Best regards,

Dariusz Prokopowicz

Dear Rohit Manilal Parikh,

Thanks for answering the question: In what direction is the process of improving risk management at commercial banks heading? You have indicated many different important determinants and aspects of the process of improving the credit risk management process in financial institutions and relations with customers, enterprises and other business entities cooperating with commercial banks. What do you think about it? What is your opinion on this topic? What do you thin

Thank you very much,

Best wishes,

Dariusz Prokopowicz