تخمین اثر خطرهای اعتباری بر امنیت اقتصادی بانک Estimating credit risks impact on economic security of a bank

Introduction The financial and economic crisis, reaching most countries of the world, significantly affected the economy of Ukraine, in particular the state of the economic security in its banking sector. Since, as we know, it is banking system of the country that concentrates large cash resources and ensures their movement, distribution, and reallocation, in the interests of economy In the context of banking sector disfunction there appear a deterioration in economic relations among business entities; it becomes a threat to the economic security of the country. Currently, the most important aim of national economy long-term development is the creation of high-quality and efficient financial system, which would be competitive in the global market. That is gaining particular importance in the context of European integration. With that, a significant role is given to the banking system as a source of economic development. Its further functioning should be mainly aimed at growth rate, which outpace other financial institutions. As is known, a modern bank is an element of a credit system. It attracts free funds that are withdrawn from the economic process and then granted to contractors for the temporary use. All banks activities involve risks. In our opinion, minimizing them is a primary objective of bank risk management. Therefore, to provide banking activities successfully banks need to establish and improve the risk management system. Only in this way a bank will be able to identify, assess, minimize and control a risk of a certain type. All banking risks are interrelated. A credit risk is a risk of losing funds provided for temporary use in case of borrower’s failure to return them on time and pay interest for the use of credit resources. Accordingly, the credit risk is one of the most tangible in financial banking.