{"id":11212,"date":"2023-06-01T14:13:00","date_gmt":"2023-06-01T06:13:00","guid":{"rendered":"https:\/\/www.tejwin.com\/?post_type=news&#038;p=11212"},"modified":"2024-09-04T16:05:29","modified_gmt":"2024-09-04T08:05:29","slug":"tcri-taiwan-corporate-credit-risk-index","status":"publish","type":"news","link":"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/","title":{"rendered":"TCRI\u2122_Taiwan Corporate Credit Risk Index"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/3-1-1024x576.jpg\" alt=\"TCRI\" class=\"wp-image-11215\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/3-1-1024x576.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/3-1-300x169.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/3-1-150x84.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/3-1-768x432.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/3-1-1536x864.jpg 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/3-1.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69f3c0547ba4b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69f3c0547ba4b\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#Preface\" >Preface<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#TCRI_Rating_Scope_and_Features\" >TCRI Rating Scope and Features<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#TCRI%E2%84%A2_Rating_Method_and_Procedure\" >TCRI\u2122 Rating Method and Procedure<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#TCRI_Rating_method_and_procedure\" >TCRI Rating method and procedure<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#The_Meanings_of_TCRI%E2%84%A2_Rating\" >The Meanings of TCRI\u2122 Rating<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#Manual_Determination\" >Manual Determination<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#TCRI_Validity_Examine\" >TCRI Validity Examine<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#Warning_abilityDiscriminatory_power_ROC%3E90_or_above\" >Warning ability\/Discriminatory power (ROC)&gt;90% or above:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#TCRI%E2%84%A2_default_rate_in_the_past_10_years\" >TCRI\u2122 default rate in the past 10 years:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#Stability_One-year_average_transition_matrix_of_TCRI%E2%84%A2_2000-2016\" >Stability: One-year average transition matrix of TCRI\u2122 (2000-2016)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#TCRI%E2%84%A2_vs_Other_credit_rating_institutions\" >TCRI\u2122 v.s. Other credit rating institutions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/#Taiwan_Corporate_Credit_Risk_Index\" >Taiwan Corporate Credit Risk Index<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Preface\"><\/span>Preface<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In order to grow the business, the current business operators are bolder than in the past, and the financial leverage is generally higher. With the development of technology, the life cycle of products has been shortened, price fluctuations and the frequent entry and exit of competitors have increased business risks.  In addition, the development of the financial commodity market is booming, and the degree of participation by corporate operators has increased greatly. Therefore, <span style=\"text-decoration: underline;\" class=\"ek-underline\">in addition to financial operating information as a reference for corporate credit risk performance, changes in corporate management are also regarded as one of the clues to the future trend of corporate credit risk.<\/span><\/p>\n\n\n\n<p>Based on the market&#8217;s emphasis on corporate credit risk assessment, TEJ&#8217;s industrial research team developed the <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\"><strong>\u201cTCRI Taiwan Corporate Credit Risk Index\u201d<\/strong> <\/mark>(hereinafter referred to as <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">TCRI<\/mark><\/strong>) in 1991, which is an open, transparent and highly differentiated credit rating system <span style=\"text-decoration: underline;\" class=\"ek-underline\">based on a quantitative model and supplemented by professional manual interpretation<\/span>. TCRI is widely recognized by most financial institutions for its <strong><span style=\"text-decoration: underline;\" class=\"ek-underline\">high differentiation ability, stability of volatility, and comparability with large international credit rating agencies<\/span><\/strong>. Currently, the TCRI has become an important reference index for over 90% of Taiwan&#8217;s banking industry to measure credit risk in investment and lending.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TCRI_Rating_Scope_and_Features\"><\/span>TCRI Rating Scope and Features<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>We adopt <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\"><strong>proactive ratings<\/strong><\/mark> to keep an eye on the latest corporate developments and adjust credit risk ratings<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Uses public information as the basis; the information is public, complete, verifiable, and is not guided by companies.<\/li>\n\n\n\n<li>The scope of rating covers the majority of public companies, and the scope is much&nbsp;wider than any other domestic rating institution.<\/li>\n<\/ul>\n\n\n\n<p>Recognized as <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">the most representative credit risk index<\/mark><\/strong> by domestic academic and research institutions.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>TCRI\u2122 is the main index adopted by banks when making lending decisions and has over 90% share in&nbsp;the domestic banking market.<\/li>\n\n\n\n<li>An important basis for securities firms to make investments.<\/li>\n\n\n\n<li>Recognized as the most representative credit risk index by domestic academic and research institutions.<\/li>\n<\/ul>\n\n\n\n<p>The effectiveness of <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">TCRI\u2122 rating results is periodically validated<\/mark><\/strong>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Warning Ability: the&nbsp;discriminatory power and default rate validate&nbsp;whether or not the rating system can effectively distinguish between companies with different credit risks.<\/li>\n\n\n\n<li>Stability: deviation&nbsp;of rating results are examined for mid-term and long-term lending and investment decisions.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TCRI%E2%84%A2_Rating_Method_and_Procedure\"><\/span><strong>TCRI\u2122 Rating Method and Procedure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>TCRI is a semi-expert model to evaluate Public Companies. The methodology is transparent, and discriminatory, financial industry take this rating as a reference for investment and credit granting.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TCRI_Rating_method_and_procedure\"><\/span>TCRI Rating method and procedure<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The semi-expert model is mainly used based on a quantitative model and supported by manual determination. It is divided into three steps.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image caption-align-center\"><img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRIE8A995E7AD89E696B9E6B395E88887E7A88BE5BA8F_E88BB1E69687.jpg\" alt=\"TCRI\"\/><figcaption class=\"wp-element-caption\">Figure 1. TCRI Rating method and procedure<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Meanings_of_TCRI%E2%84%A2_Rating\"><\/span><strong>The Meanings of TCRI\u2122 Rating<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The rating is divided into 1-9 levels, with low risk (1-4), medium risk (5-6), and high risk (7-9), and when the company is in default, it is labeled as D (Default).<\/p>\n\n\n\n<figure class=\"wp-block-image is-resized caption-align-center\"><img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRIE7AD89E7B49A_E88BB1E69687.jpg\" alt=\"TCRI\" style=\"width:840px;height:auto\"\/><figcaption class=\"wp-element-caption\">Figure 2. The Meanings of TCRI\u2122 Rating<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Manual_Determination\"><\/span><strong>Manual Determination<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Manual determination mainly includes the following three aspects:<\/p>\n\n\n\n<figure class=\"wp-block-table caption-align-center is-style-regular\"><table><thead><tr><th><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">A\uff1a Accounting Information<\/mark><\/strong><\/th><th><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">I \uff1aIndustry Prospective<\/mark><\/strong><\/th><th><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">M \uff1aManagement Risk<\/mark><\/strong><\/th><\/tr><\/thead><tbody><tr><td>Verify the reasonableness of accounting estimates (accounting analysis and quality of financial statements; financial analysis).<\/td><td>Consider the macroeconomic environment and industry trends, including the company&#8217;s competitive position in the industry.<\/td><td>Evaluate changes in management, shareholding structure, investment strategy, and risk preferences.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Table 1. Three Main Components of TCRI Manual Determination<\/figcaption><\/figure>\n\n\n\n<div style=\"border: 1px black; border-style: solid none; text-align: center; border-color: #296580; padding: 24px; margin-top: 24px; margin-bottom: 24px;\">\n<p style=\"margin: 0px; font-size: 24px; font-weight: bold; line-height: 1.5;\">Start Managing Your Corporate Credit Risk of Investment and Lending Today!<\/p>\n<div style=\"margin-top: 32px;\"><strong><a style=\"border: none; border-radius: 4px; background-color: #296580; color: white; font-size: 20px; width: fit-content; text-decoration: none; padding: 12px 30px 12px 30px;\" href=\"https:\/\/www.tejwin.com\/en\/contact\/\">Contact Us<\/a><\/strong><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TCRI_Validity_Examine\"><\/span>TCRI Validity Examine<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>TCRI uses a quantitative model to generate basic and threshold levels, and then makes limited corrections through manual interpretation. Due to the inclusion of manual interpretation in the rating process, the TCRI focuses on four points: <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">accounting quality (A), industry outlook (I), operator risk appetite (M), and financial pressure (F).<\/mark><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Warning_abilityDiscriminatory_power_ROC%3E90_or_above\"><\/span><strong>Warning ability\/Discriminatory power (ROC)&gt;90% or above:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Overall ROC of the TCRI\u2122 in the past 10 years was 88%-97% and an average of 93%, which surpasses the standard of 70% in the Corporate Credit Rating Model Technical Manual.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"158\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/TCRI-warning-ability-1024x158.jpg\" alt=\"\" class=\"wp-image-27828\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-warning-ability-1024x158.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-warning-ability-300x46.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-warning-ability-150x23.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-warning-ability-768x119.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-warning-ability.jpg 1300w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TCRI%E2%84%A2_default_rate_in_the_past_10_years\"><\/span><strong>TCRI\u2122 default rate in the past 10 years:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The number of companies that default and default rate meet expectations. With a lower level (i.e., higher risk), the number of companies that default and the default rate increase.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"535\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/tcri-past-10-years-1024x535.jpg\" alt=\"\" class=\"wp-image-27826\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/tcri-past-10-years-1024x535.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/tcri-past-10-years-300x157.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/tcri-past-10-years-150x78.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/tcri-past-10-years-768x401.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/tcri-past-10-years.jpg 1311w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stability_One-year_average_transition_matrix_of_TCRI%E2%84%A2_2000-2016\"><\/span><strong>Stability: One-year average transition matrix of TCRI\u2122 (2000-2016)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>On average 70%-80% of levels are maintained for 1 year, which is near the standards of S&amp;P and Moody&#8217;s. Also, the relatively high fluctuation of high-risk levels meets expectations.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"440\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/TCRI-one-year-transition-1024x440.jpg\" alt=\"\" class=\"wp-image-27830\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-one-year-transition-1024x440.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-one-year-transition-300x129.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-one-year-transition-150x65.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-one-year-transition-768x330.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-one-year-transition.jpg 1265w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TCRI%E2%84%A2_vs_Other_credit_rating_institutions\"><\/span><strong>TCRI\u2122 v.s. Other credit rating institutions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">TCRI&#8217;s risk categories are consistent with those of external benchmarks.<\/mark> TCRI&#8217;s credit ratings are based on a quantitative model and manually assisted by a semi-expert process. The ratings are based on a combination of publicly available information (operating data, financial statements, etc.) of the companies evaluated, making the ratings more objective and independent.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"469\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/TCRI-vs-3-1024x469.jpg\" alt=\"\" class=\"wp-image-27853\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-vs-3-1024x469.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-vs-3-300x137.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-vs-3-150x69.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-vs-3-768x352.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TCRI-vs-3.jpg 1299w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Taiwan_Corporate_Credit_Risk_Index\"><\/span>Taiwan Corporate Credit Risk Index<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0);color:#9c3333\" class=\"has-inline-color\"><strong>TCRI&#8217;s Corporate Credit Risk Index<\/strong><\/mark> are based on a quantitative model coupled with a semi-expert program. According to the public information of the enterprise (financial accounting quality, industry outlook, risk appetite of the operators\u2026), we conduct a comprehensive credit risk assessment. With the independent, fair and verifiable evaluation method, it is generally trusted by the financial industry in Taiwan for investment and credit extension.<\/p>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-75 has-custom-font-size\" style=\"font-size:22px\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/www.tejwin.com\/en\/contact\/\" style=\"border-radius:18px;background:linear-gradient(135deg,rgb(252,185,0) 0%,rgb(219,76,22) 100%)\"><strong>Start Managing Your Corporate Credit Risk of Investment Today!<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:22px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Preface In order to grow the business, the current business operators are bolder than in the past, and the financial leverage is generally higher. With the development of technology, the life cycle of products has been shortened, price fluctuations and the frequent entry and exit of competitors have increased business risks. In addition, the development [&hellip;]<\/p>\n","protected":false},"featured_media":11215,"parent":0,"menu_order":0,"template":"","tags":[2916,2377],"news-category":[764],"class_list":["post-11212","news","type-news","status-publish","has-post-thumbnail","hentry","tag-credit-risk","tag-tcri","news-category-product-introduction-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news\/11212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media\/11215"}],"wp:attachment":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media?parent=11212"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/tags?post=11212"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news-category?post=11212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}