To the issue of assessing the creditworthiness of the company by russian commercial banks

Abstract

Credit in the economy plays a double role, since it is a source of development for organizations (acquisition of fixed assets, modernization and reconstruction of production, launching of new projects, as well as the replacement of working capital) and an instrument for the generation of income for the bank and, in general, its main activity. To analyze the differences in the industry, we selected 30 companies. On the basis of its financial statements, we calculate the liquidity indices, the profitability of sales and the turnover of accounts payable and accounts receivable. The results showed that the reliability and financial stability of the clients reduce the bank risks, help the bank to obtain a higher income. It is considered that the bank deals not only with high-level customers: there are also customers among them who experience financial difficulties due to inadequate production organization, poor market research or poorly chosen strategy. The ability to correctly identify the client's capabilities, recognize their strengths and weaknesses is an important task for credit institutions. Therefore, these analytical indicators allow to objectively evaluate the creditworthiness of the borrower. However, in addition to the analysis of the financial ratios, it is necessary to evaluate the quality parameters, that is, analyze the client's credit history, the period of his service in the bank, the quality of the administration, his dependence on the suppliers and customers, and credit security.