Are there macroeconomic predictors of Point-in-Time PD? Results based on default rate data of the Association of Serbian Banks
Internal models that banks use to assess the creditworthiness of their borrowers, as a rule, give estimates of the probability of default that cover the entire business cycle. For the purposes of applying IFRS 9, however, estimates of the probability of default for a specific moment, as well as the...
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| Format: | Article |
| Language: | English |
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Association of Serbian Banks
2019-01-01
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| Series: | Bankarstvo |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2019/1451-43541902012B.pdf |