Risk-adjusted lending conditions : an option pricing approach /
In order to operate their lending business profitably, banks must know all the costs involved in granting loans. In particular, all the expenses they incur in covering losses must be included. Provided loan risks can be calculated, it is possible in each case to charge a price that is appropriately...
| Main Author: | |
|---|---|
| Format: | eBook |
| Language: | English |
| Language Notes: | English. |
| Published: |
Chichester, West Sussex, England :
Wiley,
©2003.
|
| Series: | Wiley finance series.
|
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | In order to operate their lending business profitably, banks must know all the costs involved in granting loans. In particular, all the expenses they incur in covering losses must be included. Provided loan risks can be calculated, it is possible in each case to charge a price that is appropriately adjusted for risk, thus making it possible to make high-risk loans. In ""Risk-adjusted Lending Conditions"" the author presents a model, to measure and calculate loan risks, showing how it functions and how it may be applied. His approach has its origins in the ideas put forward by Black/Scho |
|---|---|
| Physical Description: | 1 online resource (xiv, 169 pages) : illustrations |
| Bibliography: | Includes bibliographical references (pages 163-166) and index. |
| ISBN: | 0470859172 9780470859179 0470847522 9780470847527 0470013249 9780470013243 1280271043 9781280271045 9786610271047 6610271046 0470668474 9780470668474 |