Client Behavior on Car Credit Payments at a Bank in Eastern Europe

This project addresses the problem of issuing a credit loan for the purpose of purchasing a car. The dataset was openly presented in a competition in which the author had the opportunity to participate at one of the Belarusian banks (more precisely, BNB-bank or Belaruski Narodny Bank). The goal is to understand the client’s behaviour and repayment policies based on their internal features.

Although credit scoring is working, clients behave differently. The natural question is then how to use this variability in client behaviour to make the bank better. Note that the financial atmosphere and economic ecology are very risky in Belarus, which adds additional challenges to the problem. The initial draft version was implemented at the competition with contributions from other team members. The project was afterwards re-implemented and enhanced during my studies at the MGMT-962 course at the Smith School of Business.