Analyzing Insolvency Drivers and Developing Credit Rating System for Small and Medium-sized Enterprises in Russia

Grishunin, Sergei; Suloeva, Svetlana; Shiryakina, Victoria; Burova, Ekaterina

doi:10.14716/ijtech.v12i7.5349

Cited by 4 publications

(1 citation statement)

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“…As defined by Basel II as a quantitative comparison of forecasts and actual values, backtesting could also be applied to the advanced analytics model. Grishunin et al, (2021)'s study is one example of evaluating a model as after they categorized 177 SMEs into eight classes based on their one-year probability of default and normalized factors ranging from [0,10], they selected the model specification using the Gini coefficient, accuracy and recall criteria, and Kolmogorov-Smirnov (KS) criterion. The Hosmer-Lemeshow and Spiegelhalter tests were later taken to indicate that there are no statistically significant deviations between the observed and theoretical PDs, indicating the quality of the rating system.…”

Section: Studies and The Implementation Of Advanced Analytics In Indo...mentioning

confidence: 99%

How Far Has Our MSMEs Credit Underwriting Assessment in Indonesian Commercial Banks Progressed?

Pambudi¹

2022

JBMR

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The literature on credit underwriting assessment is huge, but many are designed for consumer banking. Given that most banks in Indonesia got their revenue from commercial banking activities, it is critical to recall the main characteristics of current practice as recorded in published papers with cases in Indonesia's MSMEs credit underwriting risk assessment. This study discusses the industry standard of loan origination framework and the emerging trend of statistical and advanced analytic methods with their challenges, focusing on papers on credit underwriting risk assessment with MSMEs datasets leaning on Indonesian data whenever available and opening research questions in this topic. Examples given in this paper may indicate the methods used by Indonesian banks to assess the creditworthiness of MSMEs, although there is no clue if either the mentioned studies are implemented in the respective banks or just for academic purposes.

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Section: Studies and The Implementation Of Advanced Analytics In Indo...mentioning

confidence: 99%