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The handbook of credit risk management originating, assessing, and managing credit exposures

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The handbook of credit risk management originating, assessing, and managing credit exposures

The Handbook òị Credit Risk ManagementFounded in 1807, John Wiley & Sons is rhe oldest independent publishing company in rhe United Stares. With offic

The handbook of credit risk management originating, assessing, and managing credit exposuresces in North America, Europe, Australia, and Asia, Wiley is globally committed to developing and marketing print and electronic products and services

for our customers’ professional and personal knowledge and understanding.rhe Wiley Finance scries contains books written specifically for finance and The handbook of credit risk management originating, assessing, and managing credit exposures

investment professionals as well as sophisticated individual investors and their financial advisors. Book topics range from portfolio management to e-

The handbook of credit risk management originating, assessing, and managing credit exposures

commerce, risk management, financial engineering, valuation and financial instrument analysis, as well as much more.1'or a list of available titles, v

The Handbook òị Credit Risk ManagementFounded in 1807, John Wiley & Sons is rhe oldest independent publishing company in rhe United Stares. With offic

The handbook of credit risk management originating, assessing, and managing credit exposuresIANE COOGAN-PƯSHNERWILEYJohn Wiley Sc Sons, Inc.Cover design: Lciva-SposatoCover image: © Jason Rccd/Gctty ImagesCopyright © 2013 by Sylvain Bouteillé

and Diane Coogan-Pushner. All rights reserved.Published by John Wiley ỔC Sons, Inc., I loboken, New Jersey.Published simultaneously in Canada.No part The handbook of credit risk management originating, assessing, and managing credit exposures

of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying

The handbook of credit risk management originating, assessing, and managing credit exposures

, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act. without either the prior wr

The Handbook òị Credit Risk ManagementFounded in 1807, John Wiley & Sons is rhe oldest independent publishing company in rhe United Stares. With offic

The handbook of credit risk management originating, assessing, and managing credit exposuresood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600. or on the Web ar www.copyrighr.com. Requests to rhe Publisher for permission should

be addressed to rhe Permissions Department, John Wiley ỖC Sons, Inc., I I I River Slreel, I loboken, NJ 07030, (201) 748-601 I, lax (201) 748-6008, or The handbook of credit risk management originating, assessing, and managing credit exposures

online al hllp://www. wiley.com/go/permissions.Limit of l.iabilily/Disclaimer of Warranty: while the publisher and author have used their best effort

The handbook of credit risk management originating, assessing, and managing credit exposures

s in preparing this book, they make no representations or warranties with respect to the accuracy or completeness ol the contents of this book and spe

The Handbook òị Credit Risk ManagementFounded in 1807, John Wiley & Sons is rhe oldest independent publishing company in rhe United Stares. With offic

The handbook of credit risk management originating, assessing, and managing credit exposuresesentatives or written sales materials. The advice and strategics contained herein may nor be suitable for your situation. You should consult with a p

rofessional where appropriate. Neither rhe publisher nor author shall be liable for any loss of prohr or any other commercial damages, including bur n The handbook of credit risk management originating, assessing, and managing credit exposures

or limited to special, incidental, consequential, or other damages.l or general information on our other products and services or for technical suppor

The handbook of credit risk management originating, assessing, and managing credit exposures

t, please contact our Customer (Lire Department within the United Stales at (800) 762-2974, outside the United Stales at (317) 572-3993 or fax (317) 5

The Handbook òị Credit Risk ManagementFounded in 1807, John Wiley & Sons is rhe oldest independent publishing company in rhe United Stares. With offic

The handbook of credit risk management originating, assessing, and managing credit exposuresis book may not be included in e-books or in prinl-on-demand. If this book refers to media such as a CD or DVD that is nor included in rhe version you

purchased, you may download this material at http://booksupporr.wilcy.com. For more information about Wiley products, visit WWW’.wilcy.com.Library of The handbook of credit risk management originating, assessing, and managing credit exposures

Congress Catalof>iftf>-in-Publication Data:Routeillé, Sylvain.rhe handbook of credit risk management : originating, assessing, and managing credit ex

The handbook of credit risk management originating, assessing, and managing credit exposures

posures / Sylvain Bouleillé, Diane (à)ogan-Pushner.p. cm. — (Wiley finance series)Includes index.ISBN 978-1-118-30020 6 {cloth); ISBN 978-1-118 42146

The Handbook òị Credit Risk ManagementFounded in 1807, John Wiley & Sons is rhe oldest independent publishing company in rhe United Stares. With offic

The handbook of credit risk management originating, assessing, and managing credit exposures.B68 2013332.7—dc232012032288Printed in the United Stares of America.10 987654321To my wife, Setsuko; my sons, Pierre and Francois; and my parents—Syl

vain lỉouleillé The handbook of credit risk management originating, assessing, and managing credit exposures

The Handbook òị Credit Risk ManagementFounded in 1807, John Wiley & Sons is rhe oldest independent publishing company in rhe United Stares. With offic

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