On the possible approach to formation of the conclusion about the magnitude of legal risk in lending

Different approaches to the management of legal risk in lending that used by banks at present are discussed in the article. The magnitude of the legal risk in credit transactions using a qualitative method based on the statistical data, the ambiguity of judicial practice and the value of the losses of the lender should be taken into account. Proposals for the practical application of the technology in the bank are formulated.