CREDIT RISK AS A SUBJECTIVE-OBJECTIVE CATEGORY
Journal Title: Економіка: реалії часу - Year 2016, Vol 1, Issue 23
Abstract
Today, the main source of monetary resources for enterprises of different ownership forms and scope of activity is bank credit. Majority of resources attracted by banks is invested in credit operations, which are the main type of active banking operations. In the process of lending commercial banks are exposed to internal and external risks that must be managed to minimize them. The article examines the problem of credit risk as a subjective-objective category. Ambiguous interpretation of this concept in the modern local and foreign economic literature, makes it necessary to define the nature of credit risk. The purpose of this article is to analyze the nature of credit risk in banking operations and the formation of the concept of credit risk strategy as a subjective-objective category. It may be concluded that credit risk is a multi-factor category, which is the main element of the bank's risk. Credit risks carries the largest threat to commercial banks in the context of security and preservation of their financial stability. Credit risk of commercial banks as a superstructure category is based on the analysis of the achieved level of development of the credit relationship with the bank's customers and aims at their improvement and development. As the source of credit risk of the bank, credit provides a measure of its efficiency. In assessing credit risk of a commercial bank the level of development of society, the banking system and the particular bank should be taken into account. This approach, first of all, considers credit risk in a broader sense from the standpoint of the bank and the borrower, and secondly, the study suggests exposure to credit risk at the macro and micro level. It is essential that in assessing credit risk the fact is taken into account that credit risk is an objective economic category, but also a subjective component for modelling.
Authors and Affiliations
Tatyana Zhuravlova, Ludmila Nazarkina
Keywords
Related Articles
- EP ID EP571526
- DOI -
- Views 76
- Downloads 0
Theoretical aspects of multi-agent approach application for innovation technological systems analysis.
Purpose. To analyze of conceptual foundations of multi-agent systems (MAS) application for tasks of innovation and technological systems management as the most complicated systems in social and economic sphere. The artic...
Characteristics of the controlling system at the enterprises of Ukraine
In this scientific research it’s presented a description of the control system at the Ukrainian enterprises. It is proved that the introduction of control system at indigenous enterprises contributes to improving the eff...
Panchenko M.O. Research the features of business risk-management in crisis term
In the article were analyzed essence and maintenance of business risk in crisis terms, taking into account influence the factors of environment. During research the management stages are offered by a business risk, the m...
Reengineering Business Processes of Innovative Businesses: Synchronous and Asynchronous Vision
The article presents different approaches to the characteristic of business processes reengineering of enterprises. The specificity of business process reengineering of innovation-active enterprises and its influence on...
Organization and economic mechanism of realization of the strategy of technical and technological re-equipment of the production base of machine-building enterprise
The specifics of the economic maintenance of the technical and technological re-equipment of the modern enterprise is studied. The main trends of industrial enterprises’ development of Ukraine are determined. The order o...