The MNB created a credit risk model from the data of two hundred thousand companies
The Hungarian National Bank (MNB) created a credit risk model from the data of about two hundred thousand companies – Banai Ádám, head of the department of the Hungarian National Bank told M1 news channel on Saturday.
Banai Ádám explained that the central bank receives anonymous data, however, can involve some conclusions based on information from the corporate data, for example, if a company's sales decline for three years, the probability of bankruptcy is higher. (MTI)
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