System of the internal control over operational risks as an element of anti-recessionary management of commercial banks

Internal control - certainly one of the most effective tools for improving the efficiency and the most important part of banking risk management, which focuses on improving the sustainability and the achievement of strategic objectives. The article notes that regular control of business processes, the bank reduced the risk of losses due to align the scale-up of domestic credit conditions and procedures for conducting banking operations. Often, operational risk entails the emergence of reputation, legal and strategic risks, which, in turn, linked to the key risks of banking activities - lending and liquidity risk. In this regard, each bank should be a system of management of operational risks, and give it the proper importance.