IDEAS home Printed from https://ideas.repec.org/p/chb/bcchwp/1057.html

Clasificación de Riesgo de Crédito Bancario, Ventas y Estados Financieros en Base a Información Tributaria de Firmas en Chile

Author

Listed:
  • Ivette Fernández D.
  • Jorge Fernández B.
  • Francisco Vásquez L.

Abstract

Banks evaluate their loan portfolios based on the characteristics of borrowers, loans, and macroeconomic factors that influence payment behavior and subsequent recovery. Based on this, risk classifications and associated provisions are established to cover expected losses. In the regular monitoring of credit risk by the Central Bank of Chile (BCCh), administrative records of sales (Form 29; IRS) and bank debt (CMF) have mainly been used. This document introduces a new complementary monitoring tool that uses total income and assets from tax balance sheets (Declaración Jurada 1847; IRS). In sectors such as Commerce and Manufacturing, both sales and tax balance sheets similarly differentiate credit risk among companies. Meanwhile, in sectors such as Construction, Financial Services, and Real Estate, balance sheets are a better tool. Given the scope of tax information, this tool will help monitor the financial health of firms in areas such as credit risk, stress testing, access to financing, currency mismatches, and investment by smaller firms or those for which no public information is available.

Suggested Citation

  • Ivette Fernández D. & Jorge Fernández B. & Francisco Vásquez L., 2025. "Clasificación de Riesgo de Crédito Bancario, Ventas y Estados Financieros en Base a Información Tributaria de Firmas en Chile," Working Papers Central Bank of Chile 1057, Central Bank of Chile.
    • Handle: RePEc:chb:bcchwp:1057
    as

    Download full text from publisher

    File URL: https://www.bcentral.cl/documents/33528/133326/Documento+de+Trabajo+1057.pdf/037faa31-5eb7-d8d6-2b97-5932d834f0ba?t=1764946147152
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:chb:bcchwp:1057. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sebastian Antinao (email available below). General contact details of provider: https://edirc.repec.org/data/bccgvcl.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.