Credit policy should be developed

Credit policies need to develop and act according to it, primarily because it allows you to plan, regulate, control, rationally organize the relationship between the bank and its clients on a return to cash flow. Credit investments of banks should be reliable and cost effective. Since loans are the most important and always the most problematic part of the assets, they must be carefully assessed and normativizatsii. Thus, the bank's credit policy is one of the most important tools for preventing risks, and its main purpose is to establish key principles to be followed by managers and supervisors in the planning of the bank lending activities and credit facilities. The main goal of the bank's credit policy is to create a balanced and qualitative approach to risk management of credit operations. Category: Management Operations Commercial Bank | Tags: credit