Estimating credit default probabilities using stochastic optimisation
Banks and financial institutions all over the world manage portfolios containing tens of thousands of customers. Not all customers are high credit-worthy, and many possess varying degrees of risk to the Bank or financial institutions that lend money to these customers. Hence assessment of default ri...
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| Format: | Article |
| Language: | English |
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AIMS Press
2021-11-01
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| Series: | Data Science in Finance and Economics |
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| Online Access: | https://www.aimspress.com/article/doi/10.3934/DSFE.2021014?viewType=HTML |