INNOVATIVE APPROACHES TO CREDIT RISK MANAGEMENT
Journal Title: Экономика и финансы - Year 2017, Vol 1, Issue 2
Abstract
Nowadays, the banking system of the Republic of Kazakhstan needs to find new ways of lending to small and medium-sized business to adopt innovations in economic development of our country. The research in modern approaches to risk management contributes to the optimization of business processes, and infrastructure of the automated information system of banks. As the banking system of our country is a high-tech, it is more susceptible to changes in macro - and micro-level. Success of economic activities of enterprises and organizations largely depends on sustainable development of the banking system, as well as confidence in the reliability and the safety of their savings. However, the main risk in the banking system is the credit risk.
Authors and Affiliations
M. T. Zholamanova, A. B. Raimkulova, D. A. Seit
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