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Opportunities And Challenges For Banks From The Application Of Artificial Intelligence In Credit Risk Management

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  • Kiril Anachkov

    (Department of "Finance and Insurance", VUZF, Sofia, Bulgaria)

Abstract

The goal of the research is to analyze the opportunities and challenges, that appear before banks through the application of artificial intelligence in credit risk management. The choice of topic is dictated, of increasingly key importance, which artificial intelligence is starting to have on banks and the potential, that this new technology has - to completely revolutionize the way credit risk is assessed and managed. In structural terms, the research consists of an introduction, two parts, conclusion and references. The research is part of a dissertation work. The methodology in this part consists of: theoretical, comparative and critical analysis. In the dissertation work is also applied and empirical analysis.

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Handle: RePEc:nwe:iitfed:y:2023:i:1:p:89-96
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File URL: https://www.unwe.bg/doi/iited/2023/IITED.2023.12.pdf
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