Credit Risk Management and Basel II

As a unique implementation guide covering the entire spectrum of credit risk management, this book will assist you with your credit risk policy and help you to facilitate the establishment of risk processes and procedures and implementation of information technology.

Having assessed the vast amount of existing literature on this subject Bhatia found the bulk of it to be deficient in many areas, this book fills in the gaps for you by:

• Approaching explanations from a non- mathematical perspective, with the spirit behind the mathematics and equations explained in an accessible manner,

• Taking a holistic approach, with an end-to-end analysis of the credit risk problem; and

• Absorbing and integrating best practices echoed by the Basel Accord.

An excellent framework for analysis and implementation is provided and this information will be beneficial for a wide range of people from risk managers and compliance officers to credit risk administration personnel, front and middle office personnel, and students of GARP or financial engineering.

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All Customer Reviews
Average Customer Review:
3 of 3 people found the following review helpful:

Very disappointing treatment of issues related to securitisations , 2008-04-07
Given the detailed treatment given in the Basel II framework to securitisations, it is baffling to find no more than a handful of pages hastily written on the subject !! Big letdown !!


4 of 4 people found the following review helpful:

Disappointed, 2007-09-03
I am very disappointed with this book.

Being an opt-in bank, we were looking for a good book on credit risk for our Basel II implementation program. This book seemed the most appropriate - the description & table of contents looked good and had one good review. The fact that this was from riskbooks gave us additional assurance.

The book turned out to be a big disappointment:

1. Has no substance or insights and does not discuss the challenges in a Basel II implementation

2. Surpisingly, many of the descriptions/explanations are flawed - the description about linkages of credit risk to macroeconomic factors, a section on willingness to pay, transition risk and law of large numbers (to name a few) were amusing!!

3. Was not coherent at multiple places

Caveat Emptor



3 of 3 people found the following review helpful:

Very Very Disappointing, 2007-08-01
This book is obviously a quick shot. It's bits and pieces taken from various articles and put together in an incoherent manner. Also, the author has chosen to spray the text with graphs, a few surveys and a few formulaes, often irrelevant and seemingly arbitrarily selected.


5 of 7 people found the following review helpful:

Stay away from this book, 2007-04-06
Given the price and the fact that it's part of the Risk book series, I was looking forward to a good, serious book on the implementation of Credit Risk with emphasis on Basel II. The book however, is very disappointing in many respects. It appears often that the author did pick up some buzz-words and mixed them together in an inconsistent / illogical manner. The concepts presented together often are very confusing or don't make sense at all. Having worked in the industry for over 12 years myself, I strongly advise against this book: no matter whether beginner or expert ... spend your 200 USD on something more useful.


2 of 6 people found the following review helpful:

Excellent!!!, 2006-12-30
This is a type of book that every practitioner in credit risk managemet should have on its shelf. The style of writting is narrative and very easy to follow. For those who have experience in modeling/scoring this will provide a nice overview and a reminder and perhaps even fill some gaps. I think the real winners are those who are thinking of getting into the field. This is an excellent choice. It will provide you with an appropriate background so that you can actually talk to people and start conducting projects at work. All in all the book is a little gem.
The book is not very technical, the author makes sure one understands the concepts and then I guess can move on to some more serious statistical text.

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