Risk management for systemically important banks in Russia

This article provides access to risk management issues for systemically important banks in Russia. Main outlines are dictated by the financial recovery of large banks, indicating the amount of government spending. The study is based on the recommendations of the Basel Committee on Banking Supervision. The authors take into account the amount of balance sheet assets, credit related commitments, claims and liabilities for derivative financial instruments and other contracts. Problems of bank lending and further credit risks are considered; and possible ways to minimize credit risks and basic ways to improve the process of Bank lending in the Russian Federation. The main credit risk problems in the Russian banking system are revealed. The possible causes of financial insolvency of large credit institutions are considered. The necessity of improving the existing scientific knowledge of risk management of systemically important banks is substantiated. Further research directions are proposed. The analysis can be used in the process of policy development and implementation of credit risk management in domestic commercial banks.