文档介绍：Credit Risk ManagementCredit Risk ManagementEnhancing Your Bottom LineEnhancing Your Bottom LineEbrahimEbrahim Shabudin ShabudinManaging Director Managing Director Deloitte & Touche LLPDeloitte & Touche LLPThe AFP 23rd Annual Conference New OrleansNovember 3-6, 2002Credit BackgroundCredit BackgroundThorough identification and accurate Thorough identification and accurate measurement of credit risk, supported by strong measurement of credit risk, supported by strong risk management can help improve the bottom risk management can help improve the bottom lineline……..An uncertain and volatile economic ..An uncertain and volatile economic environment significantly impacts this abilityenvironment significantly impacts this ability……..The desire to grow and turn in outstanding ..The desire to grow and turn in outstanding results has a tendency to put pressure on the results has a tendency to put pressure on the checks and balances within businesseschecks and balances within businessesValue PropositionValue PropositionCredit plays a critical role in Credit plays a critical role in ““sellingselling”” products and services products and services––Expands revenue opportunities with creditworthy, incremental Expands revenue opportunities with creditworthy, incremental customerscustomers––Utilizes innovative structures to support business relationshipsUtilizes innovative structures to support business relationshipsEffective credit risk management limits credit losses and provides Effective credit risk management limits credit losses and provides stable cash flows and earningsstable cash flows and earnings––Marketplace panies exhibiting earnings and cash flow Marketplace panies exhibiting earnings and cash flow stability with higher P/E multiplesstability with higher P/E multiples––Marketplace penalizes credit induced volatility and Marketplace penalizes credit induced volatility and ““surprisessurprises””Raises questions about quality of managementRaises questions about quality o