The Bank Credit Analysis Handbook: A Guide for Analysts, Bankers and Investors

by Jonathan Golin, Philippe Delhaise

Overview

The Bank Credit Analysis Handbook

Praise for The Bank Credit Analysis Handbook

“In this second edition, Philippe Delhaise and Jonathan Golin build on their professional experience with Thomson Bank Watch Asia to produce a clear introduction to bank credit risk analysis. As very few books on this topic exist, it is a most welcome publication. The short and transparent chapters are rich on institutional information, building on intuition. It is quite an achievement to analyze bank solvency with no reference to heavy mathematics and statistics. The book covers topics of recent interest such as liquidity risk, sovereign and banking crises, and bank restructuring.”
—Jean Dermine
Professor of Banking and Finance, Chair, INSEAD

“Messrs. Delhaise and Golin have written what must be considered the seminal book on bank credit analysis. Its breadth and scope is reflective of the decades of experience they have in deciphering the core elements of bank credit risk. I found the chapter on country and sovereign risk particularly useful. This book should be considered essential reading for anyone in the field of credit risk analysis.”
— Daniel Wagner
CEO of Country Risk Solutions and author of Managing Country Risk

“This book is an excellent reference for anyone involved in bank risk management. It combines practical tools with case studies. Based on their substantial experience, Golin and Delhaise nicely bridge the gap between theory and practice.”
—André Farber
Professor of Finance, Université Libre de Bruxelles

“Jonathan Golin has done it again. Both he and Philippe Delhaise have taken a very complicated and timely topic and have distilled the subject matter into an easy read that is useful to those directly or indirectly involved with bank credit analysis.”
—Craig Lindsay
Chairman, Hong Kong Securities and Investment Institute

“Messrs. Delhaise and Golin have updated their first edition of this handbook with such a high degree of relevance and insight, on the heels of the 2007–2008 banking crisis, that this reference guide will surely be essential reading for every market participant involved with bank risk analysis. There are few people as qualified to write on this subject as these gentlemen; their experience speaks volumes. Once again, they are to be commended for distilling a complex subject into a practical and useful handbook.”
—Andrew Miller
Management Consultant, Financial Services, Hong Kong

Product Details

ISBN-13:	9780470829448
Publisher:	Wiley
Publication date:	03/18/2013
Series:	Wiley Finance
Sold by:	JOHN WILEY & SONS
Format:	eBook
Pages:	800
File size:	22 MB
Note:	This product may take a few minutes to download.

About the Author

A graduate of Berkeley and Harvard Law School, Jonathan Golin is Vice President of Thomson BankWatch Asia in Hong Kong. Prior to joining BankWatch in 1997, Jonathan was affiliated to the Economist Intelligence Unit's Asian division.

Jonathan Golin was the editor and contributing author of Capital Flows Along the Mekong: A Guide to Investment in Vietnam, Cambodia, Laos, and Myanmar (1995) and has written numerous articles for the Asian Wall Street Journal and Vietnam Business Journal. He is a contributing author to the 1999 Chase Guide to Corporate Treasury.

Table of Contents

Preface to the New Edition vii

Chapter 1 The Credit Decision 1

Chapter 2 The Credit Analyst 37

Chapter 3 The Business of Banking 87

Chapter 4 Deconstructing the Bank Income Statement 155

Chapter 5 Deconstructing a Bank’s Balance Sheet 215

Chapter 6 Earnings and Profitability 261

Chapter 7 Asset Quality 337

Chapter 8 Management and Corporate Governance 415

Chapter 9 Capital 449

Chapter 10 Liquidity 493

Chapter 11 Country and Sovereign Risk 551

Chapter 12 Risk Management, Basel Accords, and Ratings 641

Chapter 13 The Banking Regulatory Regime 717

Chapter 14 Crises: Banking, Financial, Twin, Economic, Debt, Sovereign, and Policy Crises 781

Chapter 15 The Resolution of Banking Crises 847

About the Authors 907

Index 909

Editorial Reviews

…For analysts of financial institutions, this book is a must buy…” (Financial World, 1 November 2004)

From the Publisher