Risk Tips Issue 9: Credit Risk #1

  • Dec 08, 2016

What Is Credit  Risk

A credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments. When lenders offer borrowers mortgages, credit cards or other types of loans, there is always an element of risk that the borrower may not repay the loan. Similarly, if a company offers credit to its client, there is a risk that its clients may not pay their invoices. Credit risk also describes the risk that a bond issuer may fail to make payment when requested or that an insurance company won't be able to make a claim. Read More

Quick Pick

Risk of Fuel Tanker Fire

Mitigation Strategies

Read more

ABUJA QUARTERLY RISK ROUND-TABLE (QRRT)/ INDUCTION 2018

Abuja Q3 2018 Quarterly Risk Round Table (QRRT) and New Members Induction Programme. The Programme will take place in Abuja as follows: Date - Tuesday, 28th of August, 2018 Time - 10.00 am to 3.00 pm Venue - Ajuji Greenwich Hotel, Plot 1083, Joseph Gomwalk Street, Off Abdulsalami Abubakar Road,…

CBN, Director of Banking Supervision Department officially joins Risk Manager Association of Nigeria.

Central Bank of Nigeria, Director of Banking Supervision Department, Alhaji Ahmad Abdulahi is the latest high profile individual to join RIMAN. Prior to now, Alhaji Abdulahi has been a strong supporter of RIMAN. Alhaji Ahmad Abdulahi oversees banking supervision department of the Apex Bank. The department conduct off-site surveillance and…

Endowment of Academic Prize in UNILAG by Risk Managers Association of Nigeria (RIMAN)

In furtherance of its mission to achieve continuous capacity building in Risk Management, Risk Managers Association of Nigeria (RIMAN), recently made a historic move in establishing and endowment of academic prize for the best graduating student of the Masters of Risk Management (MRM) programme of the Actuarial Science & Insurance…