default rate and loss given default of bank loans share a cyclical component, related to the business cycle. We infer this … cycle by a new model that distinguishes loans with large and small losses, and links them to the default rate and macro …

This study was conducted from 37 rural SACCOS in Morogoro, Dodoma and Kilimanjaro regions in Tanzania to assess the … ROE were the proxies for profitability and Non Performing Loans ratio (NPL) was used as the proxy for credit risks … revealed that the credit risk management significantly influenced the profitability of rural the SACCOS. Based on the findings …

demand for savings. Thus the standard PA model is invalid if the agent has access to credit markets. In this paper we … of credit markets, and the equilibrium level of borrowing or saving is indeterminate in the model. If default is allowed … critically depends upon the treatment of default. If default is notpermitted, efficiency is strictly reduced by the introduction …