Credit risk analysis of small and medium-sized enterprises based on thai data

Farhad Taghi Zadeh Hesary, Naoyuki Yoshino, Phadet Charoensivakorn, Baburam Niraula

研究成果: Chapter

1 被引用数 (Scopus)

抄録

Small and medium-sized enterprise (SMEs) often face severe difficulties raising money. Considering the bank-dominated characteristic of Asian economies, banks are the main source of financing. In order to prevent the accumulation of nonperforming loans in the SME sector, it is crucial for banks to distinguish healthy SMEs from risky ones. This chapter examines how a credit rating scheme for SMEs can be developed when financial and non-financial data are not accessible just by using lending data of banks to SMEs. We employ statistical techniques on five variables from a sample of 3,272 Thai SMEs and classify them into subgroups based on their financial health. The source of data used for the credit risk analysis in this research is the National Credit Bureau of Thailand. By employing these techniques, banks could reduce information asymmetry and consequently set interest rates and lending ceilings for SMEs. This would ease financing to healthy SMEs and reduce the number of nonperforming loans to this important sector.

本文言語English
ホスト出版物のタイトルUnlocking SME Finance in Asia
ホスト出版物のサブタイトルRoles of Credit Rating and Credit Guarantee Schemes
出版社Taylor and Francis
ページ112-135
ページ数24
ISBN(電子版)9780429684579
ISBN(印刷版)9781138353428
DOI
出版ステータスPublished - 2019 1 1

ASJC Scopus subject areas

  • 経済学、計量経済学および金融学(全般)
  • ビジネス、管理および会計(全般)

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