Abstract

 
 
 The article defines the essence and role of credit policy, substantiates the need for its improvement in current conditions. The basic principles and functions of credit policy are given. It is concluded that the basis of credit policy should be the main principles: reliability and profitability of funds and the principles of rational lending. The goals of credit policy and directions of its implementation are determined. The share of credit operations in the general structure of assets of domestic banks is estimated. It is noted that commercial banks' credit policy is an integral part of the strategy and tactics of the NBU and the government. Measures to improve the efficiency of commercial banks' current activities and improve their credit policy are proposed.
 
 
Highlights
Today, the need to develop a credit policy to date remains acute, and there is still no unambiguous answer
Our goal is to find directions for improving the commercial bank's credit policy in current conditions, aimed at maintaining the profitability and risk level of the bank's credit activity at the set target level, without threatening the financial stability and competitiveness of the bank
There are severe problems in the activities of commercial banks in Ukraine. This is due to the reasons for financial distress in the banking system, which depends on the general state of the state's economy and the lack of necessary experience and trained personnel for the banks in the conditions of market transformations
Summary
The need to develop a credit policy to date remains acute, and there is still no unambiguous answer. Banks in our country often fit formally to develop their development strategy, defining current goals in lending that do not formulate the strategic objectives of the bank and do not conduct relevant market research. A bank that does not think about development prospects, which is oriented only on current trends, cannot develop due to the country's changing economic situation. All provisions of credit policy should be backed up by practical measures that represent the mechanisms of realization of credit policy. All measures designed to realize the planned credit policy must be considered and approved by the bank's management, and the relevant decisions are issued in the form of internal documents. The basis of credit policy should be two main principles: the reliability and profitability of the placement of funds
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