October 2018
Intermediate to advanced
400 pages
9h 20m
English
Content preview from Relationship Management in Banking
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GLOSSARY
Abridged accounts Financial statements that cover a full accounting period but omit detailed financial information.
Artificial intelligence (AI) A term for ‘simulated intelligence processes’ in machines and computer systems. These machines can be programmed to think like a human and mimic the way a person acts.
Bank stress test An analysis conducted under unfavourable economic scenarios designed to determine whether a bank has enough capital to withstand the impact of adverse developments.
Bankruptcy A way for individuals to deal with debts they cannot pay. It only applies to personal customers (including sole traders) and not companies or partnerships.
Board of directors The individuals who run the organization on behalf ...
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