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Moody's KMV Vying For China's Credit Risk Management Market
Source: Beijing News
Date: 20 July 2006
[Click Here for Chinese Translation]
Moody's KMV, the world's leading provider of quantitative credit risk solutions, announced the market launch of its next generation internal rating systems RiskAnalyst for the China market; a move aimed at tapping into China's burgeoning credit risks management market. According to Brian Ranson, managing director of Moody's KMV's Credit Strategy Group, risk management for banks should not be understood as the smaller the risk the better. Effective risk management will keep profits at a higher level than "only offering loans to low risk companies," said Ranson.
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