The Relationship Between Rising Credit Risks and Economic Crises
Keywords:
credit, crisis, developmentAbstract
Credit risk refers to the possibility that a borrower will not be able to meet its obligations. An increase in this risk could seriously affect the financial health of banks and the broader economic environment. Credit risks usually increase during economic crises, as economic downturns, unemployment, and declining production worsen borrowers' ability to pay. This article examines the relationship between the increase in credit risks and economic crises, adds the effects of the global financial crisis, and discusses the role of devaluation in the economic context of Azerbaijan.
Published
2024-11-11
How to Cite
Murad Abbas oğlu Məmmədov. (2024). The Relationship Between Rising Credit Risks and Economic Crises. Scientific Results, (8). Retrieved from https://ojs.publisher.agency/index.php/SR/article/view/4529
Issue
Section
Economic Sciences
License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.