BUISENESS MANAGEMENT
RISK MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following types of credit risks is not rated in the bank’s BOBRAM system?
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Industry Risk
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Management Risk
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Business Risk
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Credit spread Risk
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Explanation:
Detailed explanation-1: -Credit risk is defined as the potential loss arising from a bank borrower or counterparty failing to meet its obligations in accordance with the agreed terms.
Detailed explanation-2: -Sol. Account Risk is Not a type of risk in Banking Sector. Sol. Operational risk is the risk of loss due to errors, interruptions, or damages caused by people, systems, or processes.
Detailed explanation-3: -Different factors are used to quantify credit risk, and three are considered to have the strongest relationship: probability of default, loss given default, and exposure at default.
There is 1 question to complete.