International Conference on Eurasian Economies
11-13 October 2012 – Almaty, KAZAKHSTAN
Paper detail
Paper ID : 541
Status : Paper published
Language : Turkish
Topic : Finance and Financial Crises
Presenter: Mrs. Merve Savram
Session : 3C Finans
The Importance of Reputation Risk in the Banking Sector
Bankacılık Sektöründe İtibar Riskinin Önemi
- Mrs. Merve Savram (Istanbul Beykent University, Türkiye)
- Mr. Ali Karakoç (Istanbul Beykent University, Türkiye)
Abstract
Banks have an important position finance sector any disruption or crisis in banks activities directly affect the real sector. Therefore, banks lead to a loss of some simple errors institutional prestige. The aim of that study is to demonstrate of importance of protecting the reputation in Turkey an the world in banking sector. And also, take precautions of how to protect reputation in banking sector. For this reason, first of all the role and importance of banking is discussed. Another part, it was put emphasis on the importance of stability of banking. Next part, definition of the concept of reputational risk in banking sector, trust is focused by the study which consist of reputation and protection. After that part, preventing loss of reputation and suggestions are made about how to reduce reputation risk. In conclusion, solutions are exposed and evaluation of proposals for solutions.
JEL codes: B22, G01
Savram, Merve, Karakoç, Ali (2012). "The Importance of Reputation Risk in the Banking Sector" in Proceedings of International Conference of Eurasian Economies 2012, pp.328-332, Almaty, KAZAKHSTAN.
DOI: https://doi.org/10.36880/C03.00541