Yönetim ve Ekonomi (Jan 2011)
Basel II Sürecinde Kredi Derecelendirme ve Bir Tekstil İşletmesinde Uygulaması(Credit Rating in Process of Basel II and Application in The Textile Company)
Abstract
Small and medium scale entreprises (SMEs) operating in the real sector and the credit relationships of these with the banks that offer them credits provide the backbone of a country’s economy. Starting from 1990 onwards, ss a result of the integration experienced in the international financing systems, it became compulsory to provide these services in compliance with the international standards. This requires distancing from traditional evaluation methods used in the crediting process and moving towards a more scientific, and internationally recognized credit rating systems. BASEL II Capital Accord that started being implemented in G-10 countries as of 2007, is planned to be implemented in other countries as well. Thus, in the calculation of credit risks there will be a more objective, understandable and easy to implement tool available. In case this is used by our banks, the SMEs fulfilling such requirements will be in a position to acquire low cost funds from financial and capital markets. When a macro perspective is brought to the topic, as a result of diminishement of high-risk investments, it will be possible to make an effective evaluation of the funds by the country economies.
