by Michael Dhaenens | Dec 1, 2017
Description:Does loss given default (LGD) depend on the economic cycle and if so how can it be measured? This question still concerns risk modellers and regulators as part of their comprehensive risk assessment. In 2013 GCD published a first downturn LGD study based...
by Nina Brumma | Oct 31, 2017
Description:This presentation has been prepared by GCD executives to present at the Task Force Provisioning of the Basel Committee. It zooms into the reasons of variability of ECL between banks. The study is citing elements from our IFRS 9 survey and includes...
by Nina Brumma | May 31, 2017
Description: The shipping industry is the backbone of global trade. More than almost any other sector, it benefits from globalization and economic upturn. This also makes the industry vulnerable to economic downturns. GCD loss data confirms this general observation....
by Michael Dhaenens | Jun 30, 2015
by Michael Dhaenens | Jun 30, 2014
