The unit aims to provide an analysis of the various lending activities of global financial institutions and the legal principles related to these activities. In a globalised world, the provision of credit links financial institutions, which necessitates an all-encompassing regulatory system. Emphasis is placed on the assessment of credit proposals and the management of credit risk. Complex ideas and concepts related to credit policy, retail lending, commercial lending, corporate lending, corporate services and mortgage broking will be explored. In addition, methodologies related to structuring a loan, traditional techniques for credit analysis, distressed firm prediction and reviewing of the newer models of assessing credit risk e.g. term structure models, mortality models and option model will form part of this unit.
On successful completion of this unit, students will be able to:
This unit is studied as part of the following course(s):