| CREDIT RISK ASSESSMENT IN THE MACAU BANKING SECTOR Antonio Pires Patricio and Anna P.I. Vong Issue 30 (Vol. 15, No. 2), December 2005, pp. 113-124. Sound credit assessment policies and practices improve the measurement and management of credit risk by differentiating between good and bad loans as well as among the pass loans. For business and institutional loans, the accuracy of default metrics can be improved by using the credit rating, while for personal loans, credit scoring has been employed both to shorten the approval time and to increase efficiency. This paper will explore the credit analysis techniques, including credit scoring and credit rating, used in the Macau banking sector. |