CREDIT RISK MANAGEMENT IN THE SECONDARY MARKET FOR AUTOMOTIVE PARTS IN THE REPUBLIC OF CROATIA

Zbornik radova - Journal of Economy and Business ◽

10.46458/27121097.2017.si.133 ◽

2017 ◽

pp. 133-147

Keyword(s):

Credit Risk ◽

Fundamental Problem ◽

Balance Sheet ◽

The State ◽

Secondary Market ◽

Credit Risk Management ◽

Organic Growth ◽

Fundamental Cause ◽

Automotive Parts ◽

The Republic

In recent years, there has been a dramatic decrease in the sale of new automobiles on the market of the Republic of Croatia. When considering certain periods, the sale reached its peak in 2008, with 88,265 vehicles sold. In 2013, the sale was reduced by 68.5%, and 27,802 vehicles were sold. 2014 and 2015 saw a slight recovery with 35,715 vehicles sold. This increase was related to the fact that the state, through certain ministries, bought new automobiles and thus made 20% of the above-mentioned number. Devastation in the market of new automobiles was accompanied by an increase in the sale of used vehicles, both in the country (which was caused by the fact that vehicle lease agreements of the State Administration expired, replaced by the above-mentioned share in the sales of new vehicles) and from abroad. This caused an increase in the average vehicle age in the Republic of Croatia. Consequently, the secondary market for automotive parts has been experiencing organic growth at high rates, thus determining obvious propulsiveness. The five largest companies in the secondary market for automotive parts in the Republic of Croatia generate annual revenue of HRK 1,253,655,892 (EUR 166423) through wholesale and retail. As the result of these sales methods, we have a very diverse client base in all the major companies on the market with the fundamental problem of credit risk, mainly due to the fact that the highest percentage of revenue is generated through operations with automobile repair workshops, whose balance sheet indicators are extremely poor. In such circumstances, it is essential to use a more serious approach to the problem of determining clients’ creditworthiness, as the basis for better liquidity. This paper presents a model for the assessment of clients’ creditworthiness, as a possible solution to the problem of illiquidity in the Croatian secondary market for automotive parts. The model provides for the establishment of the client base, with a combination of elements of qualitative analysis and financial and quantitative analysis to assess credit risk, as well as continuous monitoring of the base. By applying this model, the credit risk of every client, as the fundamental cause of illiquidity in this sector, would be noticed on time and measures for its reduction would be taken.

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Alternative Data for Credit Risk Management: An Analysis of the Current State of Research

34th Bled eConference Digital Support from Crisis to Progressive Change: Conference Proceedings ◽

10.18690/978-961-286-485-9.13 ◽

2021 ◽

Author(s):

Jan Roeder ◽

Keyword(s):

Social Media ◽

Risk Management ◽

Credit Risk ◽

Balance Sheet ◽

Heterogeneous Data ◽

Added Value ◽

Data Sets ◽

Credit Risk Management ◽

State Of Research ◽

Analytical Approaches

Determining credit risk is important for banks and nonbanks alike. For credit risk management, the heterogeneous data generated today can potentially complement the established data such as balance sheet ratios. It has not yet been clearly shown which alternative data sources, such as social media or satellite data, provide added value and how this value can be extracted effectively. This review provides an overview of the intersection between these areas and develops a research agenda. The analysis of the 29 identified papers shows that the use of financial news is analyzed most frequently. Social media has also been used to some extent. The use of other alternative data sets, such as geospatial data, has been analyzed infrequently. The empirical evidence suggests that alternative data can provide both explanatory and predictive benefits in credit risk management. Convergence in terms of analytical approaches and evaluation offers the potential to advance the field.

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UIN: STUDI ISLAM DAN ARAH BARU ISLAM INDONESIA

Jurnal Ilmiah Islam Futura ◽

10.22373/jiif.v18i2.3455 ◽

2019 ◽

Vol 18 (2) ◽

pp. 298

Author(s):

Hasbiyallah Hasbiyallah ◽

Moh. Sulhan ◽

Heri Khoiruddin ◽

Undang Burhanudin

Keyword(s):

Fundamental Problem ◽

The State ◽

Islamic Studies ◽

Scientific Disciplines ◽

The Future ◽

Muslim Majority ◽

The Republic ◽

The 1960S

Islam as a religion has actually become the target of study not only by Muslims but also by non-Muslims for diverse purposes and interests with various approaches. Indonesian Islamic Studies conducted by Dutch scholars and Orientalists are mostly intended for political and policy purposes related to the fate of Muslim-majority male citizens. Islamic dynamics revealed more progressive dynamics in the 1960s and 70s when institutionally the Ministry of Religion of the Republic of Indonesia released the State Islamic Religious College (PTKIN) with the form of an Institute that developed religious scientific disciplines in the form of various faculties. From this, a variant of State Islamic University (UIN) developed with the development of study areas outside the religious. The fundamental problem that is the focus of this research relates to PTKIN's Islamic facial dynamics in the context of changes to the State Islamic University (UIN), especially Islamic studies and the new direction of Indonesian Islam which is becoming a new force at the State Islamic University (UIN). Specifically, this study aims to understand the trends and challenges of Islam in PTKIN in the future, and the Islamic thinking map of PTKIN in the new face of UIN which includes UIN SGD Bandung, UIN SUKA Yogyakarta and UIN Ar-Raniry Aceh.

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The Impact of the Internal Audit in Reducing Credit Risk in Commercial Banks in Kosovo

European Scientific Journal ESJ ◽

10.19044/esj.2016.v12n4p268 ◽

2016 ◽

Vol 12 (4) ◽

pp. 268

Author(s):

Shqipdona Hashani Siqani ◽

Edona Sekiraca

Keyword(s):

Credit Risk ◽

Commercial Bank ◽

Commercial Banks ◽

Internal Audit ◽

Portfolio Diversification ◽

Credit Risk Management ◽

Loan Portfolio ◽

Survey Results ◽

The Republic ◽

The Impact

Credit risk represents the vast majority of the risk in the context of estimating the capacity of the transfer of risk from commercial banks. Any commercial bank operating, in Kosovo, must have a system for managing credit risk. An important and essential process, such as the management of the credit risk, cannot be carried out without the aid of internal audit. From the survey results, it was concluded that the process of auditing the banks recommended the implementation of policies for managing credit risk of the respective commercial bank’s policy. This also include the policy of credit risk management of the Central Bank of the Republic of Kosovo, implementation of procedures, regulations and rules for credit exposure, loan portfolio diversification, training of staff of the credit risk involved in completing the loan files, etc.

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The Role of the Credit Risks Management in Commercial Banks

Bulletin of Science and Practice ◽

10.33619/2414-2948/55/28 ◽

2020 ◽

Vol 6 (6) ◽

pp. 225-229

Author(s):

M. Kenjaev

Keyword(s):

Risk Management ◽

Monetary Policy ◽

Credit Risk ◽

Commercial Banks ◽

Best Practice ◽

Credit Risk Management ◽

Credit Risks ◽

The Republic

The article discusses issues related to improving credit risk management in the activities of commercial banks of the Republic of Uzbekistan, as well as developed scientific proposals aimed at solving these problems. Studied further ways to improve monetary policy using the tools used in international best practice in the strategy of the President of the Republic of Uzbekistan.

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Revisiting the Role of Bank’s Capital, Loan Loss Provisioning and Risky Assets to Credit Risk in Malaysia: An Application of Dynamic Heterogenous Panel Technique

The Journal of Social Sciences Research ◽

10.32861/jssr.spi6.466.471 ◽

2018 ◽

pp. 466-471

Keyword(s):

Risk Management ◽

Credit Risk ◽

Balance Sheet ◽

Capital Adequacy ◽

Market Force ◽

Islamic Banking ◽

Islamic Banks ◽

Credit Risk Management ◽

Loan Loss ◽

Risky Assets

The issue of credit risk among financial institutions has become de rigueur matter for many years particularly among risk managers, market players, regulators and academia in Malaysia. The negligence over specific credit risk factors in credit risk management could herald to the balance sheet loss as what happened in the US mortgage prime crisis. This paper is presented primarily to investigate the long run and short run relationship between credit risk and bank specific factors such as capital adequacy(CAR), loan loss provisioning(PROV) and risky assets (RWA) across different types of banks comprising Islamic banks, Islamic banking windows, commercial banks and investment banks in Malaysia. The application of heterogeneous panel model namely Pooled mean group (PMG) will allow for heterogeneity effect across non-homogenous banking operations. From our findings, it is evident that an increase in capital level reduces default problem for Islamic banking windows. Further, we find positive association between RWA and NPL and also between PROV and NPL which implies that loan loss provisioning could be important signal of risk taking behaviour. Besides that, our results also suggest that the nature of credit risk among Islamic banks in Malaysia are still following market force given by the fact that their credit risk management routines still follow the conventional practices.

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Improving the Credit Risks Management in Commercial Banks of the Republic of Uzbekistan with Global Pandemic Crisis and His Influence

10.47363/jesmr/2020(1)105 ◽

2020 ◽

pp. 1-3

Author(s):

Kenjaev Mekhriddin G ◽

Keyword(s):

Risk Management ◽

Monetary Policy ◽

Credit Risk ◽

Commercial Banks ◽

Best Practice ◽

Credit Risk Management ◽

Credit Risks ◽

Global Pandemic ◽

The Republic

The article discusses issues related to improving credit risk management in the activities of commercial banks of the Republic of Uzbekistan, as well as developed scientific proposals aimed at solving these problems. And also studied further ways to improve monetary policy using the tools used in international best practice in the strategy of the President of the Republic of Uzbekistan. And talked about the global pandemic crisis and his influence

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Joint Credit Risk Management of Balance Sheet and Hedge Portfolio

SSRN Electronic Journal ◽

10.2139/ssrn.1132244 ◽

2008 ◽

Author(s):

Simone Farinelli

Keyword(s):

Risk Management ◽

Credit Risk ◽

Balance Sheet ◽

Credit Risk Management

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ASSESSMENT OF THE STATE AND ANALYSIS OF DAMAGEABILITY OF HEATING GRIDS PIPELINES

ENERGETIKA Proceedings of CIS higher education institutions and power engineering associations ◽

10.21122/1029-7448-2018-61-1-179-188 ◽

2018 ◽

Vol 61 (2) ◽

pp. 179-188

Author(s):

N. V. Panteley

Keyword(s):

Heat Supply ◽

Balance Sheet ◽

Heating System ◽

The State ◽

State Enterprise ◽

Complex Surveys ◽

Wear And Tear ◽

The Republic ◽

External Corrosion ◽

Reliability Of Operation

Heating grids are intended for transportation of thermal energy from heat sources to consumers. On the balance sheet of the power supply organizations of the state enterprise “Belenergo”, which is part of the Ministry of Energy of the Republic of Belarus, there is more than 6500 km of heating grids in one-pipe terms. Analysis of the results of complex surveys of heat supply enterprises in Belarus shows that heating grids are one of the most unreliable elements of the heating system of the city today. The main reason of disturbances in operation of heating grids (about 90 %) is the local external corrosion that manifests itself in the form of fistulas and breaks of metal of network pipelines. The most quickly, all other things being equal, external corrosion affects those pipelines in which there is a direct contact of the unprotected surface of the pipe with the ground. In addition, in the process of operation of heating grids possible damages might happen that are associated with the breakdown of stationary pillars, with the gaps of the buildings cast iron valves, with the breakdown of the thread of the discharge valves, with damage of compensators, etc. According to ORGRES statistical studies, most of the damages (up to 70 %) of pipelines in Russia (as well as in Belarus) are associated with corrosion. Despite the estimated service life of the pipelines (up to 30 years), the sources of centralized heat supply in Russia pipes are 70 % worn out. With this regard, losses significantly increased in heating grids. General wear and tear of the heating grids of Ukraine in 2010 was 70 %, while losses in heating grids reached up to 30 %. Every year, the situation will only get worse. Thus, external corrosion of heating grids is one of the main factors determining reliability of operation of systems of heat supply.

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