Administração ativa de portfólio de crédito: uma revisão dos principais conceitos para uma implementação efetiva em bancos comerciais

This work is about the main issues of active credit portfolio management in commercial banks, which are abandoning the more traditional approach of credit management in favor of this new one. First, the paper presents a definition of active credit portfolio management, compares it with the tradition...

ver descrição completa

Detalhes bibliográficos
Autor: Jabôr, Rafael Machado
Formato: tesis de maestría
Estado:Versión publicada
Fecha de publicación:2006
País:Brasil
Recursos:Fundação Getulio Vargas (FGV)
Repositorio:Repositório Institucional do FGV (FGV Repositório Digital)
Idioma:portugués
OAI Identifier:oai:repositorio.fgv.br:10438/2034
Acesso em linha:http://hdl.handle.net/10438/2034
Access Level:acceso abierto
Palavra-chave:Credit portfolio management
Credit risk
Default
Correlação
Risco de crédito
Administração de portfólio de crédito
Economia
Créditos - Avaliação de riscos
Crédito bancário - Administração
Inadimplência (Finanças)
Descrição
Resumo:This work is about the main issues of active credit portfolio management in commercial banks, which are abandoning the more traditional approach of credit management in favor of this new one. First, the paper presents a definition of active credit portfolio management, compares it with the traditional management and points out some reasons that led to the newer approach. Then, it adapts to credit portfolios the main concepts of Modern Portfolio Theory and presents some models on important data requirements for credit risk measurements like default probabilities, credit assets correlation and portfolio credit risk. It also presents the concepts of economic capital and Risk-Adjusted Return on Capital (RAROC) relatively to credit risk. This working paper discusses the active credit portfolio management functions and responsibilities and as a contribution presents, in light of this work’s considerations, a hypothetical structure of a credit department in a commercial bank which adopts active credit portfolio management.