GENERALIZATION OF FOREIGN EXPERIENCE OF ORGANIZATION OF THE LEGAL ENTITY BORROWER CREDITWORTHINESS AND SOLVENCY ASSESSMENT

The analysis and assessment of a borrower creditworthiness and solvency have crucial importance in minimization of bank risks connected with the credit nonpayment or its payment out of the due time. Creditworthiness assessment is important at all stages of relationship between a borrower and a lender, as it accompanied by the detailed study of all characteristics of a potential borrower in terms of their impact on the bank credit risk. The complexity of creditworthiness assessment forces commercial banks to use various assessment techniques. The analysis should be carried out on the strength of various coefficients and indicators, which should be considered as a whole to get more exact and evident result taking into account the advantages and disadvantages of each assessment method. Currently, a huge number of different creditworthiness assessment systems were tried out in the real world. The authors consider foreign experience of assessment of the legal entity borrowers’ creditworthiness and solvency.