Title of paper:
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Evaluation of credit risk in SMEs financing using index matrices and intuitionistic fuzzy estimations
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Author(s):
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Ivaylo Mihaylov
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‘Prof. Asen Zlatarov’ University, 1 ‘Prof. Yakimov’ Blvd., Bourgas – 8000, Bulgaria
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iv_mihaylov@yahoo.com
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Evdokia Sotirova
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‘Prof. Asen Zlatarov’ University, 1 ‘Prof. Yakimov’ Blvd., Bourgas – 8000, Bulgaria
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esotirova@btu.bg
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Published in:
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"Notes on IFS", Volume 19, 2013, Number 2, pages 42—52
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Download:
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PDF (124 Kb, File info)
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Abstract:
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In the paper will be present an methodology for assessment the credit risk in Small and medium-sized enterprises (SMEs) using theories of the Index Matrices and Intuitionistic Fuzzy Sets. In this way the procedure for assessment of the credit will be unified and optimized.
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Keywords:
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Credit risk assessment, Index matrix, Intuitionistic fuzzy sets, Intuitionistic fuzzy index matrix.
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AMS Classification:
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03E72
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References:
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- Atanassov K. Generalized index matrices, Comptes rendus de l'Academie Bulgare des Sciences, Vol. 40, 1987, No. 11, 15–18.
- Atanassov K. Intuitionistic Fuzzy Sets, Springer Physica-Verlag, Berlin, 1999.
- Atanassov, K. On index matrices, Part 2: Intuitionistic fuzzy case. Proceedings of the Jangjeon Mathematical Society, Vol. 13, 2010, No. 2, 121–126.52
- Atanassov K. On Intuitionistic Fuzzy Sets Theory, Studies in Fuzziness and Soft Computing, Vol 283, Springer, 2012.
- Bureva, V., E. Sotirova, K. Atanassov, New operations over intuitionistic fuzzy index matrices, Notes on Intuitionistic Fuzzy Sets, Vol. 18, 2012, No. 4, 12–18.
- Kacprzyk, A., I. Mihailov, Intuitionistic fuzzy estimation of the liquidity of the banks. A generalized net model, Proc. of 13th Int. Workshop on Generalized Nets, London, 29 October 2012, 34–42.
- Ordinance No9 on the Evaluation and Classification of Risk Exposures of Banks and the Allocation of Specific Provisions for Credit Risk. Issued by BNB on 3 April 2008;amended issue 48 of 2011.
- Radeva, I. Fuzzy sets theory application in economic clustering selection problems. Corporate finance in developing markets. Researches and practices. New Bulgarian University – Sofia, 2012, 186–217. (in Bulgarian).
- Shahpazov, G., L. Doukovska, K. Atanassov, Generalized Net Model of the Methodology for Analysis of the Creditworthiness and Evaluation of Credit Risk in SMEs Financing, Proc. of the 3rd Int. Symp. on Buisness Modeling and Software Design, Noordwijkerhout, The Netherlands, 2013, 292–297.
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