Karminsky, Alexander; Morgunov, Alexei - In: Risk assessment and financial regulation in emerging …, (pp. 123-143). 2021
Models for assessing the probability of default play an important role in the risk management systems of commercial … goals that banks pursue when switching to an advanced approach are: stability of credit risk assessment for the ability to … carry out strategic planning; the validity of the credit risk assessment to simplify interaction with the regulator and …