Features of financial risk management in international banking

The article examines the key features of the financial risk management development during pandemic in the context of the main categories of financial risks, which impact the economic performance of international companies in the banking sector. COVID-19 has acted as the main catalyst for most types of banking risks. The obligation to work in remote mode, reduction of borrowers' creditworthiness, deterioration of financial institutions' liquidity and other factors that emerged under the pressure of the pandemic caused the need for banks to form a stable and thought-out system of financial risk management. In this regard, the work identified possible directions for improving mechanisms for managing financial risks of banking corporations in the short, medium and long term.