What (almost) everyone should know about banks, information technology and real economy.
Banking and Finance
Banks and real economy. Part 0: Introducing Credit Risk
Credit risk can be defined as the risk of losses generated by a change in the counterpart’s ability to perform its obligations. It is a short definition that requires a quite long explanation. Let’s start by analysing the keywords contained in the above definition. Credit risk can be defined as the risk of losses generated…
Read more Banks and real economy. Part 0: Introducing Credit Risk
