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What are some of difficulties with quantifying credit risk

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Reference no: EM131223445

Risk management-week 5 discussion 1

Why is commercial credit a major risk for financial institutions? What are some approaches used by financial institutions to mitigate concerns with commercial credit? Explain.

Risk management-week 5 discussion 2

Why is it important for bank managers to quantify credit risk? What are some of the difficulties with quantifying credit risk?

Reference no: EM131223445

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