The Impact of Internal Control and Risk Management on Banks in Palestine
Date
2015-04-14
Authors
Bayyoud Mohammed
Sayyad Nermeen
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Publisher
Science Publishing Group
Abstract
This study analyzes the impact of internal control and risk management systems on banks operating in Palestine in the context of recent banking reforms and regulatory changes. Using a qualitative research design, data were collected through a structured close-ended survey administered to managers of ten Palestinian banks. The findings indicate that reformed internal control and risk management frameworks have positively affected banks by improving risk assessment, fraud reduction, segregation of duties, and alignment with international banking standards. Despite persistent challenges related to foreign currency dependency and internal control autonomy, the study concludes that effective internal control and risk management practices contribute significantly to both quantitative and qualitative performance of Palestinian banks.
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Citation
Bayyoud, M., & Sayyad, N. A. (2015). The impact of internal control and risk management on banks in Palestine. International Journal of Economics, Finance and Management Sciences, 3(3), 156–161. https://doi.org/10.11648/j.ijefm.20150303.12