Credit scoring methods aim to assess the default risk of a potential borrower. This involves typically the calculation … of a credit score and the estimation of the probability of default. One of the standard approaches is logistic … discriminant analysis, also referred to as logit model. This model maps explanatory variables for the default risk to a credit …

Modelling portfolio credit risk is one of the crucial challenges faced by financial services industry in the last few …

, resulting in a distortion of China's traditional credit expansion and underestimation of its commercial banks' overall risk …