Tag: stress testing

Secured Debt Consolidation Loans: Getting Out of Debt Step-by-Step

It is a fact that many Canadians struggle with their finances and want help and guidance to manage money smartly. In addition, statistics say that Canadians are not very hopeful about their future finances as well. In CPA Canada 2018 Canadian Finance Study, about 45 percent respondents admitted that their financial situation would remain unchanged… Continue reading Secured Debt Consolidation Loans: Getting Out of Debt Step-by-Step

What Is Bank Stress Testing and Why Do We Need It?

Stress testing is considered to be the best risk management tool for global banks. In fact, stress tests involve hunting down extreme possible scenarios that have very little chance of happening. Bank stress tests are not forecasts, as their primary purpose is to prepare financial institutions for a possible “stress.” Thorough stress testing is an… Continue reading What Is Bank Stress Testing and Why Do We Need It?