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Credit Risk and Credit Access in Asia

image of Credit Risk and Credit Access in Asia

The sheer volume of debt hanging over Asian companies suggests that corporate insolvency should remain a top policy concern. This conference proceedings presents reports from each country on the trends and developments in debt and credit risk since the 1997-1998 Asian financial crisis. It also includes overview papers that examine the problem in a wider context. These papers suggest that risk management practices, legal systems, liquidation and recovery, and institutional infrastructure and capacity all require additional attention.

English

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Risk Management and Insolvency Reforms in Sri Lanka

Banks face risks in a variety of situations. The most serious risk is that of the customer-borrower going out of business. A more frequent risk for bankers is default by borrowers. That risk ranges from what is compendiously described as the Third World Debt Crisis, home mortgage and credit card default.

English

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