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The Frontiers of Society, Science and Technology, 2023, 5(7); doi: 10.25236/FSST.2023.050716.

Internal Control Measures of Rural Commercial Banks Based on Risk Management

Author(s)

Qi Shao1,2

Corresponding Author:
Qi Shao
Affiliation(s)

1Business Development Department, Shandong Linyi Luozhuang Rural Commercial Bank Co.,Ltd., Linyi, Shandong, 276000, China

2Philippine Christian University Center for International Education, Malar, 1004, Philippines

Abstract

Based on the background of economic globalization, to solve the new problems faced by internal control of commercial banks, this paper analyzes the current situation of internal control of rural commercial banks, and based on risk management theory, analyzes the relationship between internal control and risk management of commercial banks. It is believed that there are still shortcomings in the internal control of rural commercial banks, such as incomplete credit rating systems, outdated internal control systems, and low efficiency in information internal transmission, insufficient internal regulatory system and other issues. Starting from risk management, proposing internal control measures for rural commercial banks requires strengthening credit rating systems, strengthening the construction and implementation of internal control systems, constructing safe and efficient information communication channels, and improving internal regulatory mechanisms, aiming to help rural commercial banks enhance their comprehensive strength in risk prevention.

Keywords

risk management; commercial banks; internal controls

Cite This Paper

Qi Shao. Internal Control Measures of Rural Commercial Banks Based on Risk Management. The Frontiers of Society, Science and Technology (2023) Vol. 5, Issue 7: 90-94. https://doi.org/10.25236/FSST.2023.050716.

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