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

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ABUJA Q4 2018 QUARTERLY RISK ROUND-TABLE

Risk Management Association of Nigeria (RIMAN) in collaboration with the National Pension Commission (PENCOM) is organising a risk round table in Abuja to discuss the challenges of risk management, pension risk management as well as regulatory risk in the financial Institutions. As usual, the programme will be a gathering of…

Meet the first set of Certified Risk Managers (CRMs) in Nigeria

The pioneer industry recognised professional examination in risk management which is jointly run by two foremost professional bodies in Nigeria , Risk Management Association of Nigeria (RIMAN) and The Chartered Institute of Bankers of Nigeria  (CIBN) recently produced the first set of Certified Risk Managers in the Country.  They are…