Построение методологии оценки кредитного риска на примере предприятий сталелитейной отрасли
The crisis of 2007-2009 has shown that the evaluating credit risk is a crucial task in the financial market. This paper presents a methodology to assess credit risk for the companies of the Russian steel industry. The model is based on principals usually used by rating agents. The methodology shows what key qualitative and quantitative risk characteristics are likely to affect rating outcomes. It includes three groups of factors: business profile, market development and financial characteristics .The results reveal that this methodology is able to measure credit risk of the companies and analyze positive and negative sides of their activity.