Which of the following statements is TRUE for credit-11153
Which of the following statements is TRUE for credit administration?
This multiple choice question (MCQ) is related to the book/course
vu fin625 Credit & Risk Management.
It can also be found in
vu fin625 Lecture No.09 - Quiz No.1.
Which of the following statements is TRUE for credit administration?
It is a statistical method of assessing the credit risk of a loan applicant
It is a critical element in maintaining the safety and soundness of a bank
It ensure that the bank’s credit-granting activities are adequately diversified
It is the risk that counter-party may not meet one’s obligation in a contract
