Year: 2010
Type: article
Abstract: Ability to predict which bank is vulnerable to financial distress is of critical importance to investors, creditors,accountholders and many other stakeholders. An effort has been made to develop and evaluate a new modelcalled ‘bankometer’. To confirm the accuracy of bankometer, it has been applied on individual banks coveringthe period 1999-2002 for gauging the solvency of each bank in Pakistan and the results has been compared withCAMEL and CLSA-stress test. This is an initial attempt to develop a scale which could be applied at global leveland prescribes a procedure to gauge the vulnerability of an individual bank.
DOI: 10.5539/ijbm.v5n9p81
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W2163420048
