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Task 2: Regulators both national and international keep a tight watch on the credit risk exposure of banks. Explain this statement with reference to the

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Task 2: Regulators both national and international keep a tight watch on the credit risk exposure of banks. Explain this statement with reference to the following a. Reasons for managing credit risk exposure b. Credit risk management framework c. Credit risk culture d. Credit risk mitigants You may refer CBO Circular BM 955 and 977 The word limit for this answer including intext references is 1200 words. (Maximum Marks: 10)

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