The MNB created a credit risk model from the data of two hundred thousand companies

By: trademagazin Date: 2016. 08. 29. 11:19

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.

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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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