Assessment of a credit scoring system for popular bank savings and credit

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Auteur principal: José Francisco Martínez Sánchez
Format: Artículo científico
Langue:en
Publié: Universidad Nacional Autónoma de México 2016
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author José Francisco Martínez Sánchez
author_facet José Francisco Martínez Sánchez
contents Assessment of a credit scoring system for popular bank savings and credit José Francisco Martínez Sánchez Gilberto Pérez Lechuga Administración y Contabilidad ICT Credit risk Economic growth The current banking system does not meet the needs of financial services, particularly credit to the poorest sectors of society, the banking presence are mainly located in cities and regions with impor- tant economic activity, to attend to these excluded sectors have created naturally without supervision and support of the authorities, financial institutions such as credit unions, cooperatives, popular financial companies, among others, called savings banks and loan altogether. However, most of these institu- tions are not recognized or supervised by the CNBV, which translates into risk for users of services to financial institutions, highlighting the inefficiencies in their lending processes, and decisions to accept or reject a credit application is based on knowledge, experience and judgment of the loan officer. This paper presents the evaluation of a credit scoring system 1 in terms of cost-efficiency for savings and loan institutions in specific for SOFIPO’s and in terms of cost–benefit to the service provider assessment of loan applications. As will be shown in the development of a system work of this nature streamlines the lending process at minimal cost and is a worthwhile investment for the provider of credit scoring services. 2016 artículo científico 0186-1042 https://www.redalyc.org/articulo.oa?id=39544252011 en http://www.redalyc.org/revista.oa?id=395 Contaduría y Administración application/pdf Universidad Nacional Autónoma de México Contaduría y Administración (México) Num.2 Vol.61
format Artículo científico
id redalyc_39544252011
institution Redalyc
language en
publishDate 2016
publisher Universidad Nacional Autónoma de México
spellingShingle Assessment of a credit scoring system for popular bank savings and credit
José Francisco Martínez Sánchez
Administración y Contabilidad
ICT
Credit risk
Economic growth
Assessment of a credit scoring system for popular bank savings and credit José Francisco Martínez Sánchez Gilberto Pérez Lechuga Administración y Contabilidad ICT Credit risk Economic growth The current banking system does not meet the needs of financial services, particularly credit to the poorest sectors of society, the banking presence are mainly located in cities and regions with impor- tant economic activity, to attend to these excluded sectors have created naturally without supervision and support of the authorities, financial institutions such as credit unions, cooperatives, popular financial companies, among others, called savings banks and loan altogether. However, most of these institu- tions are not recognized or supervised by the CNBV, which translates into risk for users of services to financial institutions, highlighting the inefficiencies in their lending processes, and decisions to accept or reject a credit application is based on knowledge, experience and judgment of the loan officer. This paper presents the evaluation of a credit scoring system 1 in terms of cost-efficiency for savings and loan institutions in specific for SOFIPO’s and in terms of cost–benefit to the service provider assessment of loan applications. As will be shown in the development of a system work of this nature streamlines the lending process at minimal cost and is a worthwhile investment for the provider of credit scoring services. 2016 artículo científico 0186-1042 https://www.redalyc.org/articulo.oa?id=39544252011 en http://www.redalyc.org/revista.oa?id=395 Contaduría y Administración application/pdf Universidad Nacional Autónoma de México Contaduría y Administración (México) Num.2 Vol.61
title Assessment of a credit scoring system for popular bank savings and credit
topic Administración y Contabilidad
ICT
Credit risk
Economic growth
url https://www.redalyc.org/articulo.oa?id=39544252011