PRACTICE-ORIENTED WAYS OF INCREASE FINANCIAL SAFETY OF CREDIT INSTITUTION

In this article, the concepts of credit and financial risks are considered, their cause and effect relationship is determined. The author has paid attention to the relevant issues and consequences connected with high risk policy of credit institutions. The author with a foundation of investigative and judicial practices have listed the main difficult schemes of credit frauds, emphasized the practical ways of their prevention. The high value of this paper is caused by the fact that author's conclusions are drawn based on the carried-out analysis of real official statistics and the best/worst world practices on management of credit risks.