How crucial is effective credit risk management for banks?

Kihumur says while banks are aware of various financial risks, such as market risks from fluctuating stock prices and operational risks from system failures, their main focus remains on credit risk.

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Sophia Kihumuro, the Head of Credit at FINCA Uganda. (Courtesy Photo)
By NewVision Reporter
Journalists @NewVision
#Business #Banking #Savings #Sophia Kihumuro #FINCA Uganda

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KAMPALA - While most people envision banks as large institutions managing significant sums of money, making investments, and safeguarding savings, the role of banks goes beyond that.

With

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