Credit Risk Management 1st Edition by Andrew Fight – Ebook PDF Instant Download/Delivery: 978-0750659031, 0750659033
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Product details:
ISBN 10:0750659033
ISBN 13: 978-0750659031
Author: Andrew Fight
Credit Risk Management will enable general bankers, staff, and credit analyst trainees to understand the basic information and principles underlying credit risk evaluation, and to use those underlying principles to undertake an analysis of non financial and financial risks when preparing a credit proposal. Since the best loans are the ones that do not present problems during the repayment phase, the authors also focus on elements relating to the proactive management of those loans during their inception.This book introduces:*Credit analysis, approval and management processes*Concepts of financial and non-financial risk*Financial statement analysis, including the use of ratio anaylsis*Cash flow analysis and forecasting*Security enhancement & management procedures designed to legally & financially manage credit risk
*Inspired by the basic entry level training courses that have been developed by major international banks worldwide.*Will enable students and those already in the finance profession to gain an understanding of the basic information and principles of credit risk*Questions with answers, study topics, practical “real world” examples and text with an extensive bibliography
Table of contents:
1 Introduction to credit risk management
What is the role of credit analysis?
Framework for credit analysis
Types of lending
Types of financial statements
Contents of financial statements
Different presentations of financial statements
Problems with financial statements and auditors
Analytical methodology
Outside information
Exercises
2 Business risks
Introduction to business risks
Introduction to non-financial and transactional risks
Some questioning techniques
Nature of the obligor
Management
Macro-economic risk areas
Micro-economic risk areas
Exercises
3 Financial risks
Financial statement analysis
Ratio analysis
Cash flow forecasting
4 Transaction risks
Term loan agreements
Covenants, events of default, and protection
Security enhancement and management
Follow-up on loan agreement compliance
Background to loan agreement covenants
5 Failure and risk classification systems
Identifying causes of failure
Failure prediction models
6 Annexes
Management attitude problem exhibit No. 1
Creative accounting exhibit No. 1
FRS and SSAP accounting reporting standards
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