for banks and financial institutions, credit risk had been an essential factor that needed to be managed well. credit risk was the possibility that a borrower of counter party would fail to meet its obligations in accordance with agreed terms. credit risk; therefore arise from the bank’s dealings with or lending to corporate, individuals, and other banks or financial institutions.  credit risk...

In any country, commercial banks lay the groundwork for economic growth by collecting national resources and capitals and allocating them to different economic sectors. Optimal allocation of resources is especially important in achieving this goal. Banks with an effective and dynamic system of customer assessment can efficiently allocate their resources to customers regardless of their geograph...

Credit derivatives are the latest in a series of innovations that have had a significant impact on credit markets. Using a micro data set of individual corporate loans, this paper explores whether use of credit derivatives is associated with an increase in bank credit supply. We find evidence that greater use of credit derivatives is associated with greater supply of bank credit for large term ...

in this paper, we develop an inventory model with delay in payments for deteriorating items. in our model, retailer who purchases the items enjoys a fixed credit period offered by his/her supplier and, in turn, also offers a credit period to his/her customers in order to promote the market competition. the demand is assumed to be linear function of the retailer's current-stock level. the effect...

There are many methods introduced to solve the credit scoring problem such as support vector machines, neural networks and rule based classifiers. Rule bases are more favourite in credit decision making because of their ability to explicitly distinguish between good and bad applicants.In this paper multi-objective particle swarm is applied to optimize fuzzy apriori rule base in credit scoring. ...

one of the measures taken by the 1979 revolutionary government of iran was to denounce the mixed public-private ownership of the banking system of the pre-revolutionary era and implement a full scale banking nationalization and merging scheme. since then the banking system has been operating under close supervision and scrutiny of the government - exercising its power to impose a variety of res...

This paper develops a decision support tool using an A2 method and data envelopment analysis (DEA) approach (A2-DEA). This new method is applied for the bank credit customer selection problem and credit scoring as a pilot survey at Export Development Bank of Iran. The proposed method has led to fewer calculations, faster and more accurate decision making, less complexity, and ability to ana...

Micro financing is providing financial services and resources for low-income people to improve their financial situation. In many less developed countries, providing these services for low-income classes was next to impossible due to high interest rates and heavy collaterals and guarantees that banks and other credit institutions demand. Micro financing was used since 1960s as a fundamenta...