HSBC chief: Credit and risk management crucial Main/Lifestyle, 2 Edition
HSBC Bank Malaysia Bhd deputy chairman and chief executive officer Tim O'Brien said Malaysian banks need to develop its credit and risk management function into a much stronger structure. O'Brien said if the credit and risk management function is weak, banks would find themselves with exce...
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| Published in | New Straits times |
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| Main Author | |
| Format | Newspaper Article |
| Language | English |
| Published |
Kuala Lumpur
The New Straits Times Press (M) Berhad
16.10.1999
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| Subjects | |
| Online Access | Get full text |
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| Summary: | HSBC Bank Malaysia Bhd deputy chairman and chief executive officer Tim O'Brien said Malaysian banks need to develop its credit and risk management function into a much stronger structure. O'Brien said if the credit and risk management function is weak, banks would find themselves with excessive concentration risk, high lending to specific industries and lending without prior evaluation of the businessess. O'Brien said the issue of building a strong credit and risk function was the subject of considerable discussion at a conference organised by Bank Negara earlier this year. |
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