The UAE commercial banks follow different strategies in risk management. In their article “Banks’ Risk Management: A Comparison Study of UAE National and Foreign Banks”, Al-Tamimi and Al-Mazrooei discuss how different UAE banks face and manage risks (Al-Tamimi and Al-Mazrooei 394). It is possible to state that Al-Tamimi and Al-Mazrooei effectively analyzed the provided findings, but it is necessary to focus on the strengths and weaknesses of the analysis in detail.
The researchers formulated seven hypotheses to test with the help of the survey. Discussing the managers’ understanding of risks and principles of risk management, the researchers adequately analyzed the most frequent managers’ answers, but they lacked to explain why managers had not focused on the importance of applying risk management techniques to reduce losses (Al-Tamimi and Al-Mazrooei 400).
The analysis of the general idea of risk identification is adequate when the analysis of findings associated with risk identification methods lacks the focus on the extremely low percentage regarding the role of internal communication in identifying risks (Al-Tamimi and Al-Mazrooei 401). The researchers did not provide any explanation regarding this point. However, the analysis of the risk monitoring is appropriate because the researchers focused on all maximum and minimum points, providing an adequate explanation to them.
The strong feature of Al-Tamimi and Al-Mazrooei’s analysis of the results is the focus on the low levels of understanding of the importance of the Basel Capital Accord concerning the UAE banks (Al-Tamimi and Al-Mazrooei 403). From this perspective, Al-Tamimi and Al-Mazrooei’s discussion supports the results received with the help of the statistical analysis, but there are few details in the provided findings which need more discussion in the analysis section.
Works Cited
Al-Tamimi, Hussein Hassan, and Faris Mohammed Al-Mazrooei. “Banks’ Risk Management: A Comparison Study of UAE National and Foreign Banks”. The Journal of Risk Finance 8.4 (2007): 394-409. Print.