Credit Risk Management - with Special Reference to Bahrain

Abstract

The article seeks to answer questions concerning the definition of concepts, their rationale and interaction, rather than providing quantitative and qualitative rating criteria of a country. It deals with the key rating drivers like Political Environment, State of the Economy, The Banking Sector and other Key Economic Sectors like Oil etc. and their relative structural strength. Factors triggering rating actions include the security situatwn including genuine political reforms leading to concrete steps towards a political revolution, debt stabilization etc.