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RISK MANAGEMENT IN BANKING SECTOR

Most of dictionaries assert that the English word risk, but also the words risico, risco, rischio (in Italian), riesgo (in Spanish), risque (in French) and risco (in Portuguese), derived from the Latin words resicum,risicum and riscus which mean cliff or reef. Likewise, Latin word comes from a Greek navigation term rhizikon, rhizawhich meant "root, stone, cut of the firm land" and was a metaphor for "difficulty to avoid in the sea" (Riskology 2012).

RISK MANAGEMENT IN BANKING SECTOR. INTRODUTION Most of dictionaries assert that the English word risk, but also the words risico, risco, rischio (in Italian), riesgo (in Spanish), risque (in French) and risco (in Portuguese), derived from the Latin words resicum,risicum and riscus which mean cliff or reef. Likewise, Latin word comes from a Greek navigation term rhizikon, rhizawhich meant "root, stone, cut of the firm land" and was a metaphor for "difficulty to avoid in the sea" (Riskology 2012).