Описание: The importance of managing credit and credit risks carefully andappropriately cannot be overestimated. The very success or failureof a bank and the banking industry in general may well depend onhow credit risk is handled.
Banking professionals must be fully versed in the risksassociated with credit operations and how to manage those risks.This up-to-date volume is an invaluable reference and study toolthat delves deep into issues associated with credit riskmanagement.
Credit Risk Management from the Hong Kong Institute ofBankers (HKIB)discusses the various ways through which banksmanage risks. Essential for candidates studying for the HKIBAssociateship Examination, it can also help those who want toacquire a deeper understanding of how and why banks make decisionsand set up processes that lower their risk.
Topics covered in this book include:
- Active credit portfolio management
- Risk management, pricing, and capital adequacy
- Capital requirements for banks
- Approaches to credit risk management
- Structural models and probability of default
- Techniques to determine loss given default
- Derivatives and structured products
