Abstract

In the main activities currently carried out by commercial banks, a significant place is given to the system of tools that is created and operates to manage credit risks. The importance of this system increases in the context of the development of the financial crisis, as well as in the fierce competition that arises between banks with a decrease in the profitability of their main activities. Among other things, credit risks themselves are the cause of a large number of various problems that impede the development and receipt of sufficient profits for credit institutions. 
 This article is devoted to various issues that, to one degree or another, relate to the credit risk management of commercial banks. The article analyzes the main reasons for the growth of risks, reveals the models by which credit risk can be assessed, and defines the goals pursued in the effective management of credit risks.

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