Some aspects of minimization of the company's credit risks

The article discusses the concept of credit risk for commercial and non-commercial organizations. The factors influencing the level of credit risk are identified, the reasons for the emergence of risks are determined. Some aspects of the formation of the enterprise loan portfolio are revealed. A credit risk management algorithm has been determined. Methods of quantitative and qualitative assessment of credit risk are presented, and an analysis of their effectiveness is carried out. The possibilities of using bank guarantees to reduce the risk are considered.