Credit risk refers to the likelihood that a firm or individual borrower will fail to meet a debt obligation. Credit risk evaluation is a very challenging and important problem in the domain of financial risk management. There are different methods and approaches for constructing credit risk...

Credit risk rating is a very important issue for both banks and companies, especially in periods of economic recession. There are many different approaches and methods which have been developed over the years. The aim of this paper is to create a credit risk rating model combining the...