CREDIT RISKS MANAGEMENT STRATEGY AS THE BASIS FOR CREATING RISK MANAGEMENT SYSTEM IN A COMMERCIAL BANK
Within the context of current unstable development of global and national economy and due to the growth of competition there has been an increase in demand for implementation of more efficient management instruments in any sector of economy including banking industry. One of the necessary elements of banking activities strategic management relates to risks management strategy and methodology. Financial stability and operations efficiency of any commercial bank depends on the right choice of strategic targets and on the tasks of risk management. The present article focuses on relevant issues of the development of credit risk management strategy in Russian banks. In the course of the study of basic problems of arranging risk management some methods of minimizing credit risks through the system of credit transaction monitoring have been proposed.