Credit risk measures – a case of renewable energy companies
<p>The Basel III will have a significant impact on the European banking sector. In September 2010, supervisors of several countries adopted the new rules proposed by the prudential Committee on Banking Supervision to be applied to the business of credit institutions (hereinafter called CIs) in...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Nicolaus Copernicus University in Toruń
2015-08-01
|
| Series: | Copernican Journal of Finance & Accounting |
| Subjects: | |
| Online Access: | https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/7411 |
| _version_ | 1797715238978584576 |
|---|---|
| author | Eduardo Sá e Silva Adalmiro Andrade Pereira |
| author_facet | Eduardo Sá e Silva Adalmiro Andrade Pereira |
| author_sort | Eduardo Sá e Silva |
| collection | DOAJ |
| description | <p>The Basel III will have a significant impact on the European banking sector. In September 2010, supervisors of several countries adopted the new rules proposed by the prudential Committee on Banking Supervision to be applied to the business of credit institutions (hereinafter called CIs) in a phased starting in 2013 and assuming to its full implementation by 2019. The purpose of this new regulation is to limit the excessive risk that these institutions took on the period preceding the global financial crisis of 2008. This new regulation is known in slang by Basel III. Depending on the requirement of Basel II for banks and their supervisors to assess the adequacy of internal risk measurement and credit management systems, the development of methodologies for the validation of internal and external evaluation systems is clearly an important issue. More specifically, there is a need to develop tools to validate the systems used to generate the parameters (such as PD, LGD, EAD and ratings of perceived risk) that serve as starting points for the IRB approach for credit risk. In this context, the work is composed by an approach and tool used to evaluate the credit risk in a IRB system, applied to the renewable energy sector in Portugal.</p> |
| first_indexed | 2024-03-12T08:03:58Z |
| format | Article |
| id | doaj.art-731e518b408348aa9daaec744c34a73a |
| institution | Directory Open Access Journal |
| issn | 2300-1240 2300-3065 |
| language | English |
| last_indexed | 2024-03-12T08:03:58Z |
| publishDate | 2015-08-01 |
| publisher | Nicolaus Copernicus University in Toruń |
| record_format | Article |
| series | Copernican Journal of Finance & Accounting |
| spelling | doaj.art-731e518b408348aa9daaec744c34a73a2023-09-02T19:41:41ZengNicolaus Copernicus University in ToruńCopernican Journal of Finance & Accounting2300-12402300-30652015-08-014114715610.12775/CJFA.2015.0106631Credit risk measures – a case of renewable energy companiesEduardo Sá e Silva0Adalmiro Andrade Pereira1Instituto Superior de Contabilidade e Administracao do Porto, Polytechnic Institute of Porto, Rua Jaime Lopes Amorim, s/n 4465-004 S. Mamede de InfestaInstituto Superior de Contabilidade e Administracao do Porto, Polytechnic Institute of Porto, Rua Jaime Lopes Amorim, s/n 4465-004 S. Mamede de Infesta<p>The Basel III will have a significant impact on the European banking sector. In September 2010, supervisors of several countries adopted the new rules proposed by the prudential Committee on Banking Supervision to be applied to the business of credit institutions (hereinafter called CIs) in a phased starting in 2013 and assuming to its full implementation by 2019. The purpose of this new regulation is to limit the excessive risk that these institutions took on the period preceding the global financial crisis of 2008. This new regulation is known in slang by Basel III. Depending on the requirement of Basel II for banks and their supervisors to assess the adequacy of internal risk measurement and credit management systems, the development of methodologies for the validation of internal and external evaluation systems is clearly an important issue. More specifically, there is a need to develop tools to validate the systems used to generate the parameters (such as PD, LGD, EAD and ratings of perceived risk) that serve as starting points for the IRB approach for credit risk. In this context, the work is composed by an approach and tool used to evaluate the credit risk in a IRB system, applied to the renewable energy sector in Portugal.</p>https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/7411credit riskratingbankingrenewable energies |
| spellingShingle | Eduardo Sá e Silva Adalmiro Andrade Pereira Credit risk measures – a case of renewable energy companies Copernican Journal of Finance & Accounting credit risk rating banking renewable energies |
| title | Credit risk measures – a case of renewable energy companies |
| title_full | Credit risk measures – a case of renewable energy companies |
| title_fullStr | Credit risk measures – a case of renewable energy companies |
| title_full_unstemmed | Credit risk measures – a case of renewable energy companies |
| title_short | Credit risk measures – a case of renewable energy companies |
| title_sort | credit risk measures a case of renewable energy companies |
| topic | credit risk rating banking renewable energies |
| url | https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/7411 |
| work_keys_str_mv | AT eduardosaesilva creditriskmeasuresacaseofrenewableenergycompanies AT adalmiroandradepereira creditriskmeasuresacaseofrenewableenergycompanies |