THE ROLE OF INTERNAL CONTROL TOWARDS RISK MINIMIZATION IN THE CASE OF DASHEN BANK S.C

Abstract

The study was conducted to assess the role of internal control towards risk minimization in Dashen Bank s.c. A mixed both exploratory qualitative and conclusive quantitative research designs was employed to achieve the goal of the research and purposive sampling was used in order to get the relevant data from the target population questionnaire and interview method of data collection were used. The data collected using questionnaires were presented using a table on percentage values and the interview were analyzed using descriptive explanations. The findings of the study shows that the role of internal control towards risk minimization in Dashen Bank s.c is in good state even though it still needs an improvement in assessing changes in external environment and changes leadership and also an improvement on assessing incentives, pressures and motives, opportunities and motives and rationalization .The study present some recommendation to improve the problem .These include bank should take into major factors within while assessing incentives and pressures, opportunities and attitude and rationalization, should take in to consideration on assessment of changes in external environment and changes in leadership and the bank should take in to consideration on areas that are high potential risk areas rather than the routine day to day activities