THE RISK MANAGEMENT PRACTICE OF CONSUMER LENDING IN BANKS OF UKRAINE

О. А. Shapoval

Abstract


Investigated modern practice of managing credit and operational risks in the consumer lending by domestic banks. Indicated in particular pro-European understanding of the term "consumer credit" in the majority of Ukrainian banks. Disclosed the essence of the mechanism of risk management in the consumer credit, which in fact combines classic risk management system, as well as systems of product development and promotion. Particular attention is given to initial assessment of the potential borrower, estimation of his creditworthiness and information processing system about the borrower. Described functions and advantages of scoring models, which can be used by banks at every stage of consumer lending. Determined the main problems, constraining the development of bank consumer lending, the key of which are currently weak resource base of banks, low level of consumer lending automation, insufficient coverage of market information by credit bureau

Keywords


credit risk; operational risk; consumer credit risk; the risk management system; risk management tools; the creditworthiness of the borrower; the borrower's initial assessment

References


The international credit bureau. Available at https://credithistory.com.ua/ru/home/kreditoram/o-kompanii

The First Credit Bureau of Ukraine. Available at http://www.pvbki.com/ukr/organizations/advantages/info_base

Ukrainian credit bureau. Available at http://ubki.ua/ua

The Doing Business Project. Getting Credit in Ukraine. Available at http://www.doingbusiness.org/data/exploreeconomies/ukraine/getting-credit

The World Bank. Private credit bureau coverage. Available at http://data.worldbank.org/indicator/IC.CRD.PRVT.ZS.


GOST Style Citations


Міжнародне бюро кредитних історій. Офіційний сайт [Електронний ресурс]. – Режим доступу: https://credithistory.com.ua/ru/home/kreditoram/o-kompanii.

Перше всеукраїнське бюро кредитних історій. Офіційний сайт [Електронний ресурс]. – Режим доступу: http://www.pvbki.com/ukr/organizations/advantages/info_base.

Українське бюро кредитних історій. Офіційний сайт [Електронний ресурс]. – Режим доступу: http://ubki.ua/ua.

The Doing Business Project. Getting Credit in Ukraine [Electronic resource]. – Available at: http://www.doingbusiness.org/data/exploreeconomies/ukraine/getting-credit.

The World Bank. Private credit bureau coverage [Electronic resource]. – Available at: http://data.worldbank.org/indicator/IC.CRD.PRVT.ZS.





DOI: https://doi.org/10.18371/fcaptp.v2i17.37382

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Copyright (c) 2015 О. А. Shapoval

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ISSN (print) 2306-4994, ISSN (on-line) 2310-8770