Corporate focus on credit risk management

Sponsor’s statement


Ask the chief executive of a non-financial corporate what his or her company is in business for, and you will get a lot of different answers. One answer you won’t get is “to take on the credit risk of our suppliers and business partners”, no more than they will cite interest rate or foreign exchange risk as core to their business.

However, unlike forex or interest rate risk, almost all companies outside the financial sector leave their credit risk exposures unmanaged, thus breaking

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