... information, financial information and qualitative appraisal of the majority of companies is generated by various multinational agencies and/or locally at each country’s official business statistic ... report in form of master file data, combination of application and demographic data, as well as one relatively new source as transaction data, which is predictive for certain applications. Master-file ... sources of information, the most primary data concerning credit risk assessment by industrial companies was obtained through academic literature study, initiative research papers and explorative articles,...