These buffers provide, in Moody's view, a significant mitigant
against both the expected asset quality pressures and the high level of concentration risk in banks' loan books.
That automatically acts as an immediate mitigant
He said, "It will be a mitigant
for the bank against any potential financial crisis in the future so we will not face the problems that we faced in 2008, which took us to the point where the bank could have defaulted .
Its award-winning solutions include onboarding compliance, legal entity data management, product onboarding, client servicing, and credit mitigant
& collateral management.
Taha added that they are "This growth in business was as a result of the increased awareness among exporters and banks in our member countries of the importance of credit and political risk insurance as an affective risk mitigant
, especially during these turbulent times.
Also, competition is intensifying in international markets forcing exporter to sell on open account basis, which expose them to the risk of buyer default, and credit insurance is proven to be an effective risk mitigant
Essent's planned entry into the market re-affirms the value added role of mortgage insurance in meeting the needs of affordable housing while serving as a significant risk mitigant
in the American housing finance system.
CI regards the level of LLR/ non-performing loans (NPLs) as moderate, and takes the view that collateral should ideally be viewed mainly as a mitigant
Most banks won't finance export-related foreign receivables and related inventory without some sort of mitigant
It is also in Fitch's opinion that the stand-by letter of credit (SBLC) provided by Interbank is an adequate mitigant
to cover liquidated damages in the event of delays and/or cost overruns during construction of Phase I, and is commensurate with the project's debt rating category.
Moody's views positively the use of independent third party valuation or verification of the valuation of the swap," said Raschl, "although we do not consider this to be a full mitigant
for the risk of under-collateralisation of the swap.
Related cases are being heard in both the UK courts and the US bankruptcy courts and specifically relate to provisions that subordinate swap termination payments to the rated noteholders as a mitigant
to counterparty default risk in synthetic CDOs.