Corporate failure can exist in various types and dimensions, and has different effects on
stakeholders according to magnitude of the failure and its type. The rise of corporate failure …

Credit risk management was not so necessary, while sales of deferred payment has begun
to dominate the prompt payment. The existence of receivables has become a necessity in …

The present contribution deals with the issue of credit risk and rating, which is one of the
useful tools for measuring to credit risk. Rating and credit risk are closely linked. In general …

Abstract Evaluation of the probability of default of the company is one of the fundamental
issues of credit risk analysis. The probability of default is an important inputs into many types …

The aim of this article is comparison of basic characteristics and mutual comparison of three
basic current credit risk models. There is significant importance increase of credit risk issue …

The present paper deals with quantifying a wide range of risks through techniques known as
Value at Risk. A given group of methods is discussed, whether human of financial practice or …

Credit risk is the risk of loss of principal or loss of a financial reward stemming from a
borrower's failure to repay a loan or otherwise meet a contractual obligation. The rating can …

The development of credit derivatives, the emergence of the global financial crisis and the
subsequent development of Basel III is currently pays more attention. For this reason, it is …

This paper describes CreditMetrics model and KMV model. A comparison of these models
particularly with respect to their applicability on portfolio composed of conventional bank …

The article is dedicated to the comparison of selected discriminant measures in credit risk.
Credit risk is nowadays an important part of companys everyday activities so measuring and …