Writing for banking students and practitioners, this text explains the analysis of individual credit exposures and their combination into portfolios. The regulatory concerns raised by the Basel
Committee on Banking Supervision in September 2000 form part of the focus. Other topics include statistics and simulation driven forecasting, risk adjusted pricing, credit derivatives, rations,
cash flow computer modeling, distress prediction and workouts, capital allocations, credit exposure systems, computerized loan processing, sustainable growth, interactive risk rating models,
and probabilistic default screening. Although the mathematics is relatively advanced, the qualitative ideas are presented so as to be understandable without the math. The CD-ROM contains a
collection of banking and risk models and related software. Annotation (c) Book News, Inc., Portland, OR (booknews.com)
