A multicriteria approach for rating the credit risk of financial institutionsA multicriteria approach for rating the credit risk of financial institutions Peer-Reviewed Journal Publication Δημοσίευση σε Περιοδικό με Κριτές 2015-11-072009enWithin the new bank regulatory context, the assessment of the credit risk of financial institutions is an important issue for supervising authorities and investors. This study explores the possibility of a developing risk assessment model for financial institutions using a multicriteria classification method. The analysis is based on publicly available financial data for UK firms. The results indicate that the proposed multicriteria methodology provides promising results compared to well known statistical methods.http://creativecommons.org/licenses/by/4.0/Computational Management Science63347-356 Baourakis, George M. Conisescu G. van Dijk Pardalos, Panos M Zopounidis Konstantinos Ζοπουνιδης Κωνσταντινος Springer Verlag Credit risk modeling Financial institutions Multiple criteria decision making