Credit Risk Management in Banking Institutions in Republic of Macedonia

Vitanova, Gordana and Trajkoska, Gordana and Odzaklieska, Dragica and Spaseska, Tatjana and Risteska, Fanka (2017) Credit Risk Management in Banking Institutions in Republic of Macedonia. International Balkan and Near Eastern Social Sciences Congress Series. pp. 66-72. ISSN 978-619-203-177-0

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Abstract

Banking institutions have crucial importance for each national economy functioning.The activities of contemporary banks are not limited only to traditional banking activities, such as collecting deposits and issuing credits, but they also offer many other non-banking services, such as securities trading, financial consulting, financial leasing, managing financial and non-financial assets etc., and as a result of that, the risks on which they are exposed are increased. From this point of view, the efficient risks managing and use of information-communications technology in that process present a challenge for each banking institution. The most important risk the banks are faced with in their working is the credit risk. The bank should possess an appropriate system for managing the credit risk, which should be based on firmly accepted policies, which should determine: the level of acceptable risk, limiting of credit exposure of individual debtors, activities and geographical areas, internal system for risk measuring and monitoring, competences and responsibilities for making credit decisions, internal control of the crediting process etc. So, the accent of this study will be on the instruments for credit risk management, with a special review of the conditions of the banks in R. Macedonia.

Item Type: Article
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 19 Nov 2019 10:22
Last Modified: 05 Mar 2020 09:30
URI: http://eprints.uklo.edu.mk/id/eprint/2051

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