Union of
Credit Organizations of RA

The Union of Credit Organizations of RA organized a two-day training on the Consumer Loan Default Risk Modeling topic for the employees of UCORA member credit organizations. The training was conducted by the manager of programs of UCORA Lena Mamikonyan. Ten employees from Union member five credit organizations participated in the training.

In general, the training was practical. During the training the participants got in-depth knowledge about STATA statistical software package, regression analysis, the calculation of consumer loan default probability and corresponding scores.