. Write the next section of your risk management plan in which you discuss credit risk in relation to retail banking. Be sure to include a discussion of retail banking services and the risks associate with providing consumer credit individuals and institutions.
In this paper, please address the following questions:
- What are the credit risks faced by retail banking?
- How are credit risks associated with individuals different from credit risks associated with institutions?
- What retail banking services does your bank provide to individuals?
- What retail banking services does your bank provide to institutions?
- How does your bank assess credit risks and does your bank have an effective plan for managing and mitigating these risks? Explain.