Journal of Credit Risk
ISSN:
1755-9723 (online)
Editor-in-chief: Linda Allen and Fan Yu
Volume 22, Number 2 (June 2026)
Editor's Letter
Tom Paine
Managing Editor, Risk Journals
On behalf of the board and the journals team, I am delighted to announce that Professor Fan Yu is taking over as one of the two editors-in-chief of The Journal of Credit Risk, working closely with Linda Allen, his co-editor. As a former associate editor of The Journal of Credit Risk, Fan knows the journal well, and he brings a wealth of experience editorially, having published with, and served on the boards of, several other journals. I am pleased to say that he has already put in a great deal of work over the past few months to ensure a smooth transition for both authors and associate editors, and I would like to take this opportunity to thank him for this.
Fan steps into the shoes of Jens Hilscher, who served as editor-in-chief with great distinction. Jens was instrumental in guiding the journal’s transition into areas such as fintech, machine learning and cryptocurrency markets, with several well-regarded special issues. He has generously agreed to remain on the editorial board as an associate editor to assist Fan in his transition to the role of editor-in-chief.
I look forward to seeing the journal go from strength to strength under the new leadership.
Papers in this issue
Credit risk meets insurance risk: a unified framework
Extending the influential CreditRisk+ model for portfolio credit risk modeling, the authors propose adding a continuous-time extension to the model.
Current Expected Credit Losses implementation and model risk in uncertain times: an application to consumer finance
This paper discusses challenges in economic forecasting and model misspecification errors faced by financial institutions implementing the CECL allowance methodology and its impact on model risk and bias in CECL projections.
Investigating the relationship between liquidity creation and credit risk, with the moderating role of loan concentration: Islamic versus conventional banks in Pakistan and Malaysia
The authors investigate links between liquidity creation and credit risk in Islamic banks and conventional banks, with loan concentration as a moderating effect.
The creation, credit risk and performance of fintech credit: peer-to-peer lending in Canada
The author analyzes the trade-off between credit risk and financial performance within the Canadian peer-to-peer lending market, examining how borrower characteristics and platform-assigned credit grades influence loan survival outcomes.