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Finance and Credit
 

The lacks of formation of reserves to cover possible private loans losses

Vol. 15, Iss. 28, JULY 2009

Available online: 17 September 2009

Subject Heading: Bank crediting

JEL Classification: 

Klementiev V.A. graduate student, Ulyanovsk state technical university
kva@uln.gazbank.ru

This work emphasises the domestic bank practice regarding formation of reserves to cover possible private loans losses. Russian Central Bank requirements for creation of obligatory reserves in 2009 are compared. The questions of expenses reduction for bank when collecting problem debts in judicial order are mentioned.

Keywords: Risk, credit risk, private crediting, reserves to cover possible private loans losses

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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