BROLL, UDO; GILROY, B. MICHAEL; LUKAS, ELMAR - In: Annals of Financial Economics (AFE) 03 (2007) 01, pp. 0750004-1
Credit risk is one of the most important forms of risk faced by national and international banks as financial intermediaries. Managing this kind of risk through selecting and monitoring corporate and sovereign borrowers and through creating a diversified loan portfolio has always been one of the...