authors do a great job of outlining the ins and outs of credit risk assessing it, monitoring it, measuring it, and maintaining it, I wish I'd had this book twenty years ago! It should be required reading for everyone working at a bank or investment firm, Hello, my name is Nguyen Thi Thao, I live in Vietnam. Since Vietnam doesn't use , I bought this book from a book importer in Vietnam, So I can't write an certified review, I borrow my friend's account to write a review,
I completed my master's degree in Business Analysis and Finance in the UK, returned to Vietnam, worked at a Vietnamese bank, and after my resignation, I started my own business.
However, like many people who were unable to operate their business due to the corona, I eventually closed my business at the end of last year, Now I am working as a Senior Loan Officer at a Korean bank,
The banking system is one of the most globalized systems, Therefore, corporate loans at Korean banks were no different from Vietnamese banks, However, because I've been out of the banking industry for about three years, some parts were not familiar to me, So, I look at the bank's Loan Policy book, which contains what to do in practice, but there is no explanation for why,
Some people may think banking is a boring job that looking at documents and doing business according to a procedure,
But I think banking is exploring the principles of finance in an ever changing environment and applying principles and procedures based on those principles to reality for making results.
That's why I think that no matter how trivial a part of banking is, I need to understand the essential principles and work on them,
In that
sense, I think this book will be a good reference for what lending is, how it works and how it is applied in practice.
Of course, because the policies and circumstances of each government are different, it would be impossible to include practically everything about loans in one book, However, by comparing this book with the bank's Loan Policy book, I was able to better understand the principles of the bank's specific policy,
The author of this book wants to deliver the essence of lending based on his rich experience in banking, This book can be a sincere friend to anyone who works in a loan department at a bank, Or who wants to get a job in the bank,
The author of this book wants to deliver the essence of lending based on his rich experience in banking, This book can be a sincere friend to anyone who works in a loan department at a bank, Or who wants to get a job in the bank,
I am deeply grateful for the author who has written a wonderfully professional book that not many people are interested in, and I wish this book a lot to sell.
A very up to date book on credit analysis and credit risk, The book is well laid out with lots of examples and case studies, This book provides a comprehensive treatment of credit risk assessment and credit risk rating that meets the Advanced Internal Risk Based AIRB approach of Basel II, Credit risk analysis looks at many risks and this book covers all the critical areas that credit professionals need to know, including country analysis, industry analysis, financial analysis, business analysis, and management analysis.
Organized under two methodological approaches to credit analysisa criteria based approach, which is a hybrid of expert judgement and purely mathematical methodologies, and a mathematical approach using regression analysis to model default probabilitythe book covers a cross section of industries including passenger airline, commercial real estate, and commercial banking.
In three parts, the sections focus on hybrid models, statistical models, and credit management, While the book provides theory and principles, its emphasis is on practical applications, and will appeal to credit practitioners in the banking and investment community alongside college and university students who are preparing for a career in lending.
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