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Types of financial risks
Financial risk is a kind of risk faced by enterprises, which refers to various uncertain factors that may lead to financial losses in enterprise financial management. The following are some common financial risks:

1. market risk: market risk is the risk caused by market changes, including the impact of market price fluctuations such as stocks, foreign exchange and commodities on the financial situation of enterprises.

2. Credit risk: Credit risk refers to the risk caused by the failure of business partners of an enterprise to fulfill their debts or commitments on time or in full. Such as customer default, bank refusal to lend, etc.

3. Liquidity risk: Liquidity risk refers to the enterprise's inability to raise enough cash flow in a short period of time to meet its debt payable or capital requirements for daily operations.

4. Exchange rate risk: Exchange rate risk refers to currency exchange losses caused by international exchange rate fluctuations, including exchange rate changes and exchange fees.

5. Interest rate risk: Interest rate risk refers to financial losses caused by interest rate fluctuations, such as the impact of interest rate changes on loan and bond interest.

6. Operational risk: Operational risk refers to the loss risk caused by internal human factors, such as internal control errors and management omissions.