credit policy of the bank - is the development of measures aimed at improving the risk-return from operations on lending to individuals and other economic entities.
developed credit policy on the basis of macro- and microeconomic factors.That is, an expert evaluates the situation in the country at the macro level, concludes that the stability of the national economy and the degree of support for a particular industry by the state.An important role is played by the rate of inflation, interest rate dynamics and the ability to compete with other credit institutions at the international level.In this case, it considered the factors that change the banks do not have opportunities.
to micro, or internal factors may include the study of intra-process or the relationship between the individual credit institutions.In this study are subject to such factors as the amount of borrowed funds, the solvency, liquidity and profitability.These indicators characterize the success of the bank in dealing with contractors.And this requires a high-quality selection of personnel, as qualified staff, being the face of the bank creates its reputation.
Credit policy is implemented in order to achieve the set of tactical results, but is considered paramount to obtain the highest possible income.Enhancing profit - the main purpose of the operation of any commercial enterprise.Focusing on a strategic plan, credit policy is based on specific tasks, among which include close supervision and control over the implementation of measures to expand credit, as well as a choice destination borrowings.
When the components of the monetary and credit policy of the bank, there is a division to work with businesses and individuals.The highest income brings legal entities, so the employee of a credit institution must make every effort to conclude a long-term cooperation.However, not all organizations can become a first-class clients, because banks has its own list of requirements for this category of consumers.As a rule, the most important criteria considered to be reliable, solvency, transparency, accountability, extremely positive reputation in the market, the size of its own capital, liquidity and profitability.
If the loan requires an individual entrepreneur, the credit policy is aimed at the study of the personal qualities of leadership, identifying the degree of confidence on the part of contractors.The decisive role, of course, plays a credit history of the company founder.
Issuing loans to individuals made by other criteria.The bank puts a lot of different proposals for the credit.Due to this the client is able to choose the best conditions for the provision and payment of the loan.Often the amount and terms of lending are determined based on salary levels, age of the payer and reliability guarantees or warranties.
most important thing - to understand that the credit policies are needed to minimize the risk of the parties.After all, the bank conducts operations to borrow, has the risk of default due to their unwillingness or inability of the body to pay the loan and interest thereon.Accordingly, the higher the risk, the greater the percentage of the transaction will receive the credit institution.The task of the staff is a rational combination of these two factors.
With a well organized banking system, the credit policy is subject to regular review, as changing market conditions require flexibility of the behavior of banks.And the speed of their response to a particular problem depends on the popularity and competitiveness of the organization.
