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1.1 Credit Risk

Course week(s) Week 1
Course subject(s) Introduction to Credit Risk Management

The goal of this class is to answer the following (apparently) simple questions:

  • What is credit risk?
  • How can we define it?

Defining Credit Risk

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Subtitles (captions) in other languages than provided can be viewed at YouTube. Select your language in the CC-button of YouTube.

In order to complement the information I will give you through the video lessons, I ask you to read a document titled “Principles for the Management of Credit Risk”. In particular, I ask you to read pages 1-10. You can find a copy of the document here (click).
Reading this document you will start familiarizing with the basic principles of credit risk management. This is very important for a fruitful understanding of many of the topics we will discuss together. During the course all the different points that you can find in the document will become clearer.

The document is publicly available on the website of the Basel Committee on Banking Supervision.

As we will see in the next classes, the Basel Committee on Banking Supervision (BCBS) is a committee of banking supervisory authorities. Its goal is to foster the understanding of key supervisory issues and to improve the quality of banking supervision worldwide. 
The Committee has written and released the famous Basel Accords, which we are going to discuss in the next videos.
The Committee’s members come from Argentina, Australia, Belgium, Brazil, Canada, China, France, Germany, Hong Kong SAR, India, Indonesia, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, Russia, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. 
The Committee’s Secretariat is located in wonderful city of Basel, Switzerland

Creative Commons License
Introduction to Credit Risk Management by TU Delft OpenCourseWare is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Based on a work at https://ocw.tudelft.nl/courses/introduction-credit-risk-management/.
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