Systems of Credit Information Exchange in Ukraine: State and Prospects of Development
Journal Title: Бізнес Інформ - Year 2013, Vol 2, Issue 0
Abstract
Systems of credit information exchange have strong influence upon development of the credit market, in particular, complete information about a borrower is provided, which allows more accurate assessment of the borrower's capability to payback the credit, reduction of costs on search for information about the borrower and reduction of payment for the credit, increase of payment discipline of the borrower, reduction of the threat of over-crediting the borrower, demonopolisation of information in the credit market, which makes competition more perfect. There are both state and private systems of exchange of credit information in Ukraine, which started to operate recently and have not acquired significant development yet due to the fact that credit institutions do not realise yet advantages of such systems and absence of desire of major creditors to share this information. It is expedient for the state to initiate popularisation of participation of credit institutions in the bureau of credit history and also introduction of legislative initiatives with respect to mandatory nature of transfer of information of credit establishments into the credit bureaus.
Authors and Affiliations
Yelena Oleynik
Keywords
Related Articles
- EP ID EP99073
- DOI -
- Views 103
- Downloads 0
Methodological Approach to the Evaluation of the Financial Security of Regions in Ukraine
The current state of the financial security of Ukraine's regions based on the taxonomic index is defined. Neural networks of financial security of Ukraine's regions with the help of Statistica Neural Networks are built....
Conceptual Bases of Management of Organizational Development of an Enterprise
Ukrainian economy requires effective and competent actions on companies management. Therefore, one of the most important tasks of enterprises is the need for the formation and development of new approaches and methods fo...
Comparative Analysis of the Knowledge-Based Potential on the Level of Countries and Regions
The article proposes the results of a comparative analysis of methodology for measuring the knowledge-based potential on the level of countries and regions. The features of the existing methods of constructing systems of...
Perfection of management of land resources of agro-industrial complex (AIC) of Poltava oblast within the framework of the strategy of effective management and use of land
The article proves that strategic directions of development of land management establish a basis for the search of progressive private managerial decisions, which predetermine increase of efficiency of new land and techn...
Use of the Balanced Scorecard and SPACE-Analysis for Determining the Bank Strategy
The article considers essence of the strategic analysis, its place and role in the process of strategic management of the bank and instruments of realisation. It justifies expediency of use of the balanced scorecard for...