IDEAS home Printed from
   My bibliography  Save this article

Developing a Rating Model on a Statistical Basis


  • Vasile Dedu

    (Academy of Economic Studies, Bucharest)

  • Tudor Alexandru Ganea

    (Titu Maiorescu University, Bucharest)


We consider that, starting from 2007, in order to deal with the competition, the banks from Romania will have to be prepared to take and effectively manage higher risks, both on their own behalf, and on the behalf of their clients, since the transition to the calculation methodology set up by the new Capital Accord (Basel II) is bound to determine the artificial decrease of the solvency indicator. The very conception of this article has been triggered by two significant phenomenons. First, the banks from Romania have become increasingly interested in developing and enhancing methods and procedures of risk assessment. Second, the Basel Committee on Banking Supervision, followed by the European Commission, has imposed a series of standards referring to the estimation of some crucial indicators on a banking level, under the title of „Basel II”: PD (Probability of default), LGD (Loss given default) and EAD (Exposure at default). In this respect, in 2006, the Romanian government enacted the Decree no. 99 (sanctioned and modified by the Law no. 227/04.07.2007), together with a series of regulations. The decree contains new banking regulatory provisions applicable to credit companies starting with the 1st of January, 2007, the date of Romania’s adherence to the European Union.

Suggested Citation

  • Vasile Dedu & Tudor Alexandru Ganea, 2009. "Developing a Rating Model on a Statistical Basis," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 1(01(530)), pages 33-44, January.
  • Handle: RePEc:agr:journl:v:01(530):y:2009:i:01(530):p:33-44

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:01(530):y:2009:i:01(530):p:33-44. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marin Dinu). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.