Corporates around the world, especially in Europe and the US, face a number of difficulties that make their working environment more difficult than it was during the financial crisis of 2008–2009. Lenders and investors are once again confronted with widespread and severe credit deterioration across sovereigns, corporates, and other sectors as a result of the difficulties of COVID-19. Credit analysis is becoming more difficult due to a confluence of factors including high cost inflation, significantly higher energy prices, higher and rising interest rates, political unpredictability, worsening geopolitical threats, and declining consumer demand. The degree of ambiguity and upheaval appears destined to stay high for some time. In order to prevent credit losses and generate an optimal risk/reward profile from their exposures, it is even more crucial for creditors and investors to have a solid understanding of how to analyze a variety of credit risks.
At the end of this course, participants will be able to know: