The Extent of The Impact of Financial Risks on The Assumption of Continuity (An Analytical Study at Sumer Investment Bank)
Nawar Makttoof
Hazem Ali
Keywords: Financial Risks, Risk Indicators, Imposing Continuity, Sumer Investment Bank.
Abstract
This research aims to demonstrate the extent of the impact of financial risks on the bank's ability to continue to practice its activities and achieve its set goals in the foreseeable future by defining the concept of financial risks and determining the positive and negative effects on imposing continuity and to explain the research problem and achieve its objectives. Accordingly, the applied approach was adopted where the reports were approved, The financial approval of Sumer Investment Bank for the years 2019, 2020 and 2021.The research hypotheses were tested, and the research concluded: Weak financial control and failure to follow up and identify risks that lead to their accumulation and consequently the difficulty of finding solutions to them will negatively affect the continuity of the bank's work and expose it to the risks of closure or liquidation as a result of financial performance.Moreover, the bank's management deals efficiently with financial risks during 2019, 2020 and 2021 by studying the strengths and weaknesses and identifying and scaling them for the bank to continue performing its tasks.
