STOCHASTIC MODELS FOR CREDIT RISK
Published: 2012-01-01
Volume: No 25 - March 2012
Pages: 39|48
Authors
- Student Nadia
Abstract
Risk is a fundamental factor of business because of any activity you can not get profit without risk. Therefore, any economic entity trying to maximize profits by managing risk specific field of activity and by avoiding or transferring risk that it does not want to take. It is evident that an efficient banking strategy should include both programs and bank risk management procedures designed to actually minimize the likelihood of such risks and potential exposure of the bank. The paper presents some of the stochastic models used in the literature to determine and quantify the credit risk.
Keywords: credit risk, stochastic processes, exposure to the risk
Cite this article
APA: Student Nadia (2012). STOCHASTIC MODELS FOR CREDIT RISK. Internal Auditing & Risk Management, Vol. 25, No. 25, pp. 39-48.
BibTeX:
@article{studentnadia2012460,
title = {STOCHASTIC MODELS FOR CREDIT RISK},
author = {Student Nadia},
journal = {Internal Auditing & Risk Management},
year = {2012},
volume = {25},
pages = {39----48},
doi = {}
}