Monday 09, June 2008 by Mike Gallagher
Securitisation and derivatives examined by credit risk bosses
At a conference on risk management in Dubai, delegates bemoaned the lack of data that was making their jobs so difficult. Rohit Kumar, head of credit risk and portfolio management at National Bank of Abu Dhabi said there was not enough data to estimate the probability of default and that it would take time for the region to have a data pooling exercise in order to help mitigate credit risks.
