A multicriteria approach for rating the credit risk of financial institutions

G. Baourakis, M. Conisescu, G. van Dijk, P.M. Pardalos, C. Zopounidis

Research output: Contribution to journalArticleAcademicpeer-review

13 Citations (Scopus)

Abstract

Within the new bank regulatory context, the assessment of the credit risk of financial institutions is an important issue for supervising authorities and investors. This study explores the possibility of a developing risk assessment model for financial institutions using a multicriteria classification method. The analysis is based on publicly available financial data for UK firms. The results indicate that the proposed multicriteria methodology provides promising results compared to well known statistical methods.
Original languageEnglish
Pages (from-to)347-356
JournalComputational Management Science
Volume6
Issue number3
DOIs
Publication statusPublished - 2009

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    Baourakis, G., Conisescu, M., van Dijk, G., Pardalos, P. M., & Zopounidis, C. (2009). A multicriteria approach for rating the credit risk of financial institutions. Computational Management Science, 6(3), 347-356. https://doi.org/10.1007/s10287-007-0050-3