Introduction of an Advanced VIKOR method for Credit Rating of Customers of Banks

• Main Author: Mostafa Ekhtiari
• Format: Article
• Language: fas
• Published: Allameh Tabataba'i University Press 2012-07-01
• Series: Muṭāli̒āt-i Mudīriyyat-i Ṣan̒atī
• Subjects: Multiple Attribute Decision Making (MADM); VIKOR Method; Credit Rating; Five Cs of Credit System
• Online Access: http://jims.atu.ac.ir/article_2013_cbce513c868872d57d8ab0dbcf32d94b.pdf

Now days, many internal banks of country experiment a kind of credit risk, where can enumerate increasing non-performing loans of the banks and not repayment problem of the central bank debts as its results. Therefore, to establish a system of credit risk management is necessary and essential. The Five Cs of credit valid system is one of the rating systems of customers where can be considered for credit risk management. In the other hand, existence of a suitable tool to establish this system is necessary. The VIKOR method is one the efficient tools to rate feasible alternatives where can be used for rating credit of customers. In this paper, a method of advanced VIKOR will be proposed which can present the optimal values of attributes preference weights in decision making process. To illustrate the method proposed, a numerical example will be presented about credit rating problem of banks customers and the best feasible alternative to give facilities will be determined