Credit Risk Management How to Avoid Lending Disasters and Maximize Earnings [Hardcover]

Credit Risk Managementis a comprehensive textbook that looks at the total integrated process for managing credit risk, ranging from the risk assessment of a single obligor to the risk measurement of an entire portfolio.

This expert learning tool introduces the principle concepts of credit risk analysis&explains the techniques used for improving the effectiveness of balance sheet management in financial institutions&and shows how to manage credit risks under competitive and realistic conditions.Credit Risk Managementpresents step-by-step coverage of:

• The Credit Process_discussing the operational practices and structuralprocesses to implement and create a sound credit environment
• The Lending Objectives_explaining the credit selection process that isused to evaluate new business, and describing how transaction riskexposure becomes incorporated into portfolio selection risk
• Company Funding Strategies_presenting an overview of the fundingstrategies on some of the more commonly used financial products in theextension of business credit
• Company Specific Risk Evaluation_outlining some fundamental creditanalysis applications that can be used to assess transactions through theframework of a risk evaluation guide
• Qualitative Specific Risk Evaluation_offering additional approaches torisk evaluate a borrower's industry and management
• Credit Risk Measurement_defining the role of credit risk measurement,presenting a basic framework to measure credit risk, and discussing someof the standard measurement applications to quantify the economic losson a transaction's credit exposure
• Credit Portfolio Management_exploring the basic concepts behindcredit portfolio management, and highlighting the distinctive factors thatdrive the management of a portfolio of credit assets compared to a singleasset
• Credit Rating Systems_analyzing the pivotal role that credit ratingsystems have come to play in managing credit risk for lenders
• The Econl#,