Record Detail Back
Credit Risk Management
- Share to:
Sound credit management is a prerequisite for a financial institution’s stability and continuing
profitability, while deteriorating credit quality is the most frequent cause of poor financial
performance and condition. The prudent management of credit risk can minimize operational risk
while securing reasonable returns.
Ensuring lending staff comply with the credit union's lending licence and by-laws is the first step in
managing risk. The second step is to ensure board approved policies exist to limit or manage other
areas of credit risk, such as syndicated and brokered loans, and the concentration of lending to
individuals and their connected parties (companies, partnerships or relatives
Saylor.org - Personal Name
NONE
Credit Risk Management
Management
English
2010
LOADING LIST...
LOADING LIST...