An analysis of the impact of credit risk and liquidity risk on default probability in European banks
Credit risk is considered as the major risk in the banking industry. As such, it is one of the key factors used in estimating banks‟ probability of default (PD) and in ensuring financial stability in an economy. Liquidity risk, on the other hand, if not well-managed could pose a significant threat t...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2014
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| Online Access: | https://eprints.nottingham.ac.uk/27452/ |