“Marsiling is next to Woodlands, Singapore, extends from the north of Woodlands Square to the Woodlands Checkpoint to Malaysia. There are Marsiling MRT station (NS8) is an above-ground Mass Rapid Transit (MRT) station on the North-South line in Woodlands, Singapore.”
Call now 6223 1788 or walk into 10 Anson Road, #01-15 Tanjong Pagar, Singapore 079903.
Managing Risk in Financial Business.
Risk Management is a great topic in the financial business. Rapid changes in business condition, restructuring of organizations to cope with ever-increasing competition, development of new products, emerging markets and increase in cross border transactions along with the complexity of operations have exposed Financial Institutions to new risk dimensions. Thus the concept of risk has captured growing importance in modern financial society.
By facilitating transactions and making credit and other financial products available, the financial business is a crucial building block for private as well as public sector development. In its broadest definition, it includes everything from banks, stock exchanges, and insurers, to credit unions, microfinance institutions, and moneylenders. As an efficient service provider, the financial sector simultaneously fulfills an essential function in the overall economy.
Thus today’s operating environment demands a systematic and more integrated risk management approach.
Risk by default has two components; uncertainty and exposure. If both are not present, there is no risk. Financial risk in a banking organization is the possibility that the outcome of an action or event could bring up adverse impacts. Such findings could either result in a direct loss of earnings/capital or may result in the imposition of constraints on the bank’s ability to meet its business objectives.
At QuickLoan Pte Ltd, we provide a range of loan services to bring you quick and simple loan application. Whether it’s to support your education, medical or traveling funds, our loans can finance any lifestyle and life stage. You won’t have to fret about using up all of your savings.
To find us:
Phone: 6223 1788
Office: International Plaza 10 Anson Road, #01-15 Tanjong Pagar, Singapore 079903