Question: What are credit risks? Question 1 9 Answer a . The risk or impact associated with the failure to meet statutory requirements. b . The

What are credit risks?
Question 19Answer
a.
The risk or impact associated with the failure to meet statutory requirements.
b.
The risk associated with the failure of customers to meet their loan commitments or obligations.
c.
Losses incurred in organizations due to inappropriate systems or processes and because of human errors.
d.
The process of identification and assessment of emerging and existing risks within financial institutions.

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