What is credit risk?

The bank’s credit risk is the risk that the borrower will not repay his loan in the agreed manner. A number of factors can affect credit risk, such as the currency in which the loan was granted or the sum of the loan. From the bank’s perspective, the customer’s credit …

Credit and loan. What are the main differences between them?

Credit and loan – widely known and frequently used terms. It happens that we use them interchangeably . Few people know that they really mean something different, they have differences and a number of features that characterize each of them. What are these features? What are the differences between a …