TY  - UNPD
A1  - Ewert, Ralf
A1  - Szczesny, Andrea
T1  - Countdown for the New Basle Capital Accord : are German banks ready for the internal ratings-based approach?
T2  - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 2001,05
N2  - This paper uses a unique data set from credit files of six leading German banks to provide some empirical insights into their rating systems used to classify corporate borrowers. On the basis of the New Basle Capital Accord, which allows banks to use their internal rating systems to compute their minimum capital requirements, the relations between potential risk factors, rating decisions and the default probabilities are analysed to answer the question whether German banks are ready for the internal ratings-based approach. The results suggests that the answer is not affirmative at this stage. We find internal rating systems not comparable over banks and furthermore we reveal differences between credit rating determining and default probability determining factors respectively. Klassifikation: G21, G33, G38
T3  - CFS working paper series - 2001, 05 
KW  - Default probability
KW  - Credit rating
KW  - Bank regulation
KW  - Deutschland
KW  - Eigenkapitalgrundsätze
KW  - Basler Eigenkapitalvereinbarung, 2001
KW  - Basler Eigenkapitalvereinbarung, 2010
KW  - Basler Eigenkapitalvereinbarung <1988>
KW  - Kreditrisiko
KW  - Kreditwürdigkeit
KW  - Bank
Y1  - 2001
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/4503
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30-9825
ER  -