Annotation: The functioning of the banking system is impossible without affecting various risks. Proper valuation, management, and timely warning of these risks enable you to avoid or significantly reduce the inevitable losses incurred in banking. Any financial risk is the uncertainty associated with unanticipated changes in volumes, profitability, cost and structure of assets and liabilities. For a bank it is a result of unexpected changes in interest rates, deposit flows, solvency of borrowers, exchange rates, and the like. That is, financial risks are the main risks in banking.