Due to the regulations of Basel II and the present financial crisis the demand for Factoring and Forfaiting services is increasing. The rise in receivables means more business but at the same time more risk. The aim of this work is to present an overview of the risk management strategies involved in Forfaiting and Factoring services as the convention of Basel II forces the financial institutions to introduce higher standards of risk assessment and management. Besides documentary analysis of relevant material, expert ...
Read More
Due to the regulations of Basel II and the present financial crisis the demand for Factoring and Forfaiting services is increasing. The rise in receivables means more business but at the same time more risk. The aim of this work is to present an overview of the risk management strategies involved in Forfaiting and Factoring services as the convention of Basel II forces the financial institutions to introduce higher standards of risk assessment and management. Besides documentary analysis of relevant material, expert interviews were conducted with nine professionals working in the factoring and forfaiting industry and analysed using ground theory. Results from the interviews and literature stress that the present economic downturn exposes Factoring and Forfaiting companies and banks to a higher credit risk, nevertheless they also benefit when compared to the conservative lending of banks. Finally this work concludes that a Factor must define its organisational goals focusing on clear identification and awareness of risk with the capability to adjust to changing business conditions.
Read Less
Add this copy of Risk Management in Factoring and Forfaiting to cart. $45.46, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2010 by VDM Verlag.
Add this copy of Risk Management in Factoring and Forfaiting: Factoring to cart. $47.01, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Santa Clarita, CA, UNITED STATES, published 2010 by VDM Verlag Dr. Müller.
Add this copy of Risk Management in Factoring and Forfaiting: Factoring to cart. $49.95, very good condition, Sold by Red's Corner rated 5.0 out of 5 stars, ships from Tucker, GA, UNITED STATES, published 2010 by VDM Verlag.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Very good. All orders ship by next business day! This is a used paperback book. Has wear on cover and/or pages. Book has no markings on pages. For USED books, we cannot guarantee supplemental materials such as CDs, DVDs, access codes and other materials. We are a small company and very thankful for your business!
Add this copy of Risk Management in Factoring and Forfaiting to cart. $65.34, new condition, Sold by Ria Christie Books rated 4.0 out of 5 stars, ships from Uxbridge, MIDDLESEX, UNITED KINGDOM, published 2010 by VDM Verlag.
Add this copy of Risk Management in Factoring and Forfaiting: Factoring to cart. $73.15, new condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Santa Clarita, CA, UNITED STATES, published 2010 by VDM Verlag Dr. Müller.
