Аңдатпа
Credit risk is the possibility of potential losses due to the inability of borrowers to timely fulfill their obligations to the bank to pay the principal amount of the debt and accrued interest. Credit risk assessment is an integral step in the risk management of a banking institution, since the main source of income for banks is the provision of loans. That is why the determination of the maximum possible losses in case of default by the borrower, as well as the timely assessment of collateral for loans, allow banks to minimize possible credit losses.