This paper proposes a credit scoring model for the empirical assessment of default risk drivers of shipping bank loans …. A unique dataset, consisting of the credit portfolio of a ship-lending bank is used to estimate a logit model with two … expected conditions in the extremely volatile global shipping freight markets, the risk appetite of borrowers – the shipowners …

This paper aims to model the probability of a borrower violating an asset value covenant in a shipping bank loan … on the largest dataset of shipping bank loans examined to date. Results reveal that the initial amount of loan over the …

Within bank activities, which is normally defined as the joint exercise of savings collection and credit supply, risk …-taking is natural, as in many human activities. Among risks related to credit intermediation, credit risk assumes particular …