{"title":"Ciby Joseph","description":"\u003cp\u003e\u003cstrong\u003eCiby Joseph\u003c\/strong\u003e offers insightful works centred on the complexities of finance, with a particular emphasis on credit risk analysis and management. Readers can expect a clear, methodical approach to understanding financial risks and the tools to manage them effectively in today's dynamic markets.\u003c\/p\u003e\n\n\u003cp\u003eThrough detailed explanations and practical frameworks, these books cater to professionals and students seeking to deepen their knowledge of investment and risk strategies. \u003cem\u003eAdvanced Credit Risk Analysis and Management\u003c\/em\u003e exemplifies the precise yet accessible style that defines Ciby Joseph’s contributions to the field.\u003c\/p\u003e","products":[{"product_id":"advanced-credit-risk-analysis-and-management-by-ciby-joseph-9781118604915","title":"Advanced Credit Risk Analysis and Management","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eCredit is essential in the modern world and creates wealth, provided it is used wisely. The Global Credit Crisis during 2008\/2009 has shown that sound understanding of underlying credit risk is crucial. If credit freezes, almost every activity in the economy is affected. The best way to utilise credit and get results is to understand credit risk.\u003c\/p\u003e\n\n\u003cp\u003e\u003ci\u003eAdvanced Credit Risk Analysis and Management\u003c\/i\u003e helps the reader to understand the various nuances of credit risk. It discusses various techniques to measure, analyse and manage credit risk for both lenders and borrowers. The book begins by defining what credit is and its advantages and disadvantages, the causes of credit risk, a brief historical overview of credit risk analysis, and the strategic importance of credit risk in institutions that rely on claims or debtors. The book then details various techniques to study the entity level credit risks, including portfolio level credit risks.\u003c\/p\u003e\n\n\u003cp\u003eAuthored by a credit expert with two decades of experience in corporate finance and corporate credit risk, the book discusses the macroeconomic, industry, and financial analysis for the study of credit risk. It covers credit risk grading and explains concepts including PD, EAD, and LGD. It also highlights the distinction with equity risks and touches on credit risk pricing and the importance of credit risk in Basel Accords I, II, and III. The two most common credit risks, project finance credit risk and working capital credit risk, are covered in detail with illustrations. The role of diversification and credit derivatives in credit portfolio management is considered. It also reflects on how the credit crisis develops in an economy by referring to bubble formation. The book links with the 2008\/2009 credit crisis and carries out an interesting discussion on how the credit crisis may have been avoided by following the fundamentals or principles of credit risk analysis and management.\u003c\/p\u003e\n\n\u003cp\u003eThe book is essential for both lenders and borrowers. Containing case studies adapted from real life examples and exercises, this important text is practical, topical, and challenging. It is useful for a wide spectrum of academics and practitioners in credit risk and anyone interested in commercial and corporate credit and related products.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47995346878700,"sku":"9781118604915","price":154.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781118604915-advanced-credit-risk-analysis-and-management.jpg?v=1784894520"}],"url":"https:\/\/bookhero.co.nz\/collections\/ciby-joseph.oembed","provider":"Book Hero","version":"1.0","type":"link"}