The vast definition of credit risk widens the risks (pun unintended) it imposes on the parties involved. Given this scenario, applying a good Credit Risk Management model becomes an imperative. But before that can take place, people should be aware that Credit Risk is everyone’s concern –before it’s too late! First things first – Credit Risk, from a generic perspective, is the probability that a borrower or debtor will not be able to meet the repayment terms and conditions initially agreed upon with the lender.

The fine lines of the “Buy now, pay later” mentality, in this case, does not only refer to actual “purchases” nor does it apply to credit cardholders and banking institutions. This also applies to retailers, merchandisers, manufacturers and consumers. How do the smallest credit agreements fare in the bigger economic picture? For financial institutions, what could be the best Credit Risk Management models they could apply without turning off potential clients with terms that can come off as too rigid, or too lax up to the point that they can appear dubious?

Entrepreneurs Accounting Academy aims to answer these questions in its introductory Credit Risk Management Seminar. This comprehensive 2-day seminar will tackle Credit Risk from the perspectives of the different industries involved and the various Credit Risk Management model suited for each one. This seminar will also become an establishing ground for identifying appropriate credit risk environment, the effective operation and maintenance of credit-granting and maintenance and proper control over credit risk. Prevent credit risk fiascos before they occur –sign up for our seminar here.