INSURANCE AND ITS ROLE IN CREDIT RISK MANAGEMENT

Author

, professor, Kharkiv, Pushinska, 77
, PhD. Student, Kharkiv, Svobody Sq. 4,

In heading

Economic theory;

Signed print

20.12.2013

Issues number

2014 - № 1 (16)

Page

34-41

Type of articles

Scientific article

Code UDK

368:339

ISSN print

2218-8010

Abstract

The content of insurance as a risk management mechanism, which includes a set of forms and methods of forming the trust funds and use them to recover damages under various unforeseen adverse events (risks) as well as to provide assistance to citizens upon the occurrence of certain events in their lives are precised. Its role in credit risk management, implemented both through self (the formation and use of bank reserves for possible losses on credit operations) as well as direct insurance (insurance fund formation with insurance companies) are defined.

Keywords

Insurance, risk, credit risk.

Reviewer

External reviewer

Article in PDF

№ 1 34-41

Bibliography

none

Code DOI

This post is also available in: Russian, Ukrainian

04.12.2013