In: Finance
In the midst of the Covid-19 crisis in which we find ourselves, which of the 5 C's of Credit is of increased importance and requires more extensive analysis than in ordinary times?
5 C's fof the credit are character, capacity, capital, collateral, and conditions.
Let me explain this to you from the credit worthiness of an entity's point of view because I am currently working in a role where I am assessing the credit worthiness of the companies.
I think these 3 Cs are of utmost importance right now. Character is something which can not be assessed in these difficult times and Conditions are as we know almost the same across the world.