Towards Better Risk Management for Dutch Banks (Naar Beter Risicomanagement bij Nederlandse Banken)

Banking Code Monitoring Committee White Paper, 2011

15 Pages Posted: 14 Jul 2011 Last revised: 20 Feb 2012

See all articles by Philip A. Stork

Philip A. Stork

Vrije Universiteit Amsterdam, School of Business and Economics; Tinbergen Institute

Date Written: July 11, 2011

Abstract

The credit crunch hit the Dutch banking sector hard. A substantial number of banks needed government support to survive and they suffered heavy losses. Banking risk management had been a priority before the credit crunch, but its importance has become even more apparent in the past few years. Regulators, researchers and bankers themselves are working hard to strengthen risk management in the Dutch banking sector, which is urgently needed. This paper discusses three main themes in greater depth – higher capital requirements for banks, a return to basics in banking and the importance of behavioural risk management.

De kredietcrisis heeft het Nederlandse bankwezen hard geraakt. Een flink aantal banken moest met steun op de been gehouden worden en de verliezen waren groot. Er was vóór de kredietcrisis al veel aandacht voor bancair risicomanagement, maar de afgelopen jaren is het belang nog duidelijker geworden. Er wordt momenteel hard gewerkt door toezichthouders, wetenschappers en bankiers zelf, om het Nederlandse bancaire risicomanagement te versterken. De noodzaak hiertoe is hoog. In dit artikel bespreek ik drie belangrijke thema’s in meer detail: het opschroeven van de bancaire kapitaalseisen, het terugkeren naar de basis van bankieren en tenslotte het belang van ‘behavioural’ risicomanagement.

Note: Downloadable document is in Danish.

Keywords: Banken, Risicomanagement, Behavioural Finance

JEL Classification: G21, G32, M50

Suggested Citation

Stork, Philip A., Towards Better Risk Management for Dutch Banks (Naar Beter Risicomanagement bij Nederlandse Banken) (July 11, 2011). Banking Code Monitoring Committee White Paper, 2011 . Available at SSRN: https://ssrn.com/abstract=1884756

Philip A. Stork (Contact Author)

Vrije Universiteit Amsterdam, School of Business and Economics ( email )

De Boelelaan 1105
Amsterdam, 1081HV
Netherlands

Tinbergen Institute ( email )

Gustav Mahlerplein 117
Amsterdam, 1082 MS
Netherlands

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