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Finance and Credit
 

Improving credit risk management in lending to the cost of production modernization

Vol. 17, Iss. 10, MARCH 2011

Available online: 10 March 2011

Subject Heading: Risk management

JEL Classification: 

Bondarenko V.S. graduate student of chair «Banking», Saratov State Socio-Economic University
v.s.bondarenko@mail.ru

High credit risk is one of the factors that inhibits development of lending to the costs of production modernization. It should be noted that using traditional methods is not enough to have a control over this risk. These methods should be improved. We pass in review elements of credit system separately in the context of credit for production modernization. There are criteria of crediting objects selecting, border and mechanism of credit. And we draw the appropriate conclusions. At the same credit risk management should be carried out throughout the loan process, not only on the stage of credit repayment.

Keywords: modernization of production, improvement, credit risk, credit system

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

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