DEVELOPMENT OF METHODOLOGICAL PRINCIPLES FOR CREDITWORTHINESS ASSESSMENT AS A BASIS FOR CREDIT RISK IDENTIFICATION OF THE BANK

The work deals with the methodological principles for creditworthiness assessment of the borrower, which serves as the basis for determining the bank credit risks and directions for improving the regulation. The authors took into account the off-balance sheet liabilities in order to improve the methodology of assessing the borrower's creditworthiness, which allowed to increase the accuracy of the bank's credit risk assessment and is the basis for effective management decisions on the credit approval. As a result of the analysis of methodological support for assessing the borrower's creditworthiness, the authors have proven the effect on the integral index and debtor class. These studies confirmed that their legal regulation is a prerequisite for the effective implementation of a new methodological approach to the creditworthiness assessment in banking institutions. The article defines three regulatory levels of the creditworthiness assessment of the borrower-legal entity (international, national and interbank) and directions for improving regulation at the national level, as well as at the domestic one.