Credit Risk: The Easy Path. - From Rookie to Expert  (Paperback, Asif Rajani)

How does a bank measure and manage its most important financial risk? How does it affect its value or likelihood of needing to be bailed out? This book offers the reader an introductory practical journey, ideal for those who want a unique source for all the information needed to enter this field and excel in it by understanding it from a holistic perspective. This is the ultimate guide to discovering the complex world of credit risk, from its foundations to advanced topics such as risk parameter estimation, capital and impairment requirements or stress testing. Step by step, from the most basic to the most advanced concepts, not forgetting the latest developments such as machine learning and the treatment of ESG risks. A journey full of insights, formulas and some history condensed into a practical book for advanced students or new professionals willing to enter the area with a unique spectrum of practical knowledge and insights.