Considering the fundamental role played by small and medium sized enterprises (SMEs) in
the economy of many countries and the considerable attention placed on SMEs in the new …

Using data from three countries (US, Italy and Australia) and surveying related studies from
several other countries in Europe, we investigate the effects of the New Basel Capital Accord …

Credit risk evaluation is an integral part of any lending process, and even more so for
financial institutions involved in lending to SMEs. The importance of credit scoring has …

A major bottleneck to the growth of the vital Indian small and medium enterprises (SME)
sector is its lack of adequate access to finance. This paper examines the major issues in the …

We investigate the role of (business) collateral and (personal) guarantees alongside small
and medium enterprise (SME), lending bank and loan characteristics, macroeconomic …

Purpose–The purpose of this paper is to develop a credit‐scoring model as an aggregate
valuation procedure that integrates various financial and non‐financial factors and thereby …

This paper aims at improving our understanding of internal risk rating systems (IRS) at large
banks, of the way in which they are implemented, and at verifying if IRS produce consistent …

Purpose The purpose of this study is to highlight the key challenges and opportunities that
lie with some of the alternative avenues/tools to promote financial access to MSME in India …

A pivotal characteristic of credit defaults that is ignored by most credit scoring models is the
rarity of the event. The most widely used model to estimate the probability of default is the …

In this paper we develop a probability of default (PD) model for mortgage loans, taking
advantage of the Spanish Credit Register, a comprehensive database on loan …