{"id":265890,"date":"2024-09-18T14:33:34","date_gmt":"2024-09-18T14:33:34","guid":{"rendered":"https:\/\/imarticus.org\/blog\/?p=265890"},"modified":"2024-10-15T08:40:13","modified_gmt":"2024-10-15T08:40:13","slug":"risk-management-in-banking","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/risk-management-in-banking\/","title":{"rendered":"Understanding Credit Risk Management in Banking: Tools and Techniques"},"content":{"rendered":"

Credit risk is the potential loss that can arise from a borrower's inability or unwillingness to repay debt. This is a huge concern for banks.\u00a0<\/span><\/p>\n

Efficient and effective credit risk management helps banks and financial institutions (or even fintech services such as loan apps) to ensure financial stability and profitability. Let us learn about the tools and techniques that we use for credit <\/span>risk management in banking<\/span> and finance.<\/span><\/p>\n

What is Credit Risk?<\/span><\/h2>\n

Credit risk is one of the most important <\/span>types of risk in banking<\/span>. The different types of credit risk include:<\/span><\/p>\n