Credit market: resources and risks

Shevtsova Olena
D.Sc. (Economics), Professor, Professor, Department of of Finance, Banking and Insurance, Oles Honchar Dnipro National University, Dnipro, E-mail: ei.shevtsova@gmail.com, ORCID ID: https://orcid.org/0000-0002-9909-6502

Tutova Olena
Oles Honchar Dnipro National University, Dnipro, E-mail: o.tutova.82@gmail.com, ORCID ID: https://orcid.org/0000-0002-9909-6502

Cite this article:

Shevtsova O., Tutova O. (2022) Credit market: resources and risks. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Kredytnyi rynok: resursy ta ryzyky; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 9-10 (298-299), pp. 95-102.

Abstract

The purpose is to determine the prerequisites for the occurrence of risks in the functioning of the credit market and their identification. Theoretical and empirical research methods were used to obtain research results. Analysis, synthesis, comparison and analogy for the formalization of certain conditions preceding the emergence of activity risks. Structural analysis for the assessment of the resource base of banking and non-banking financial and credit institutions, the method of classification and logical analysis for the risks of the functioning of the credit market. Results of the article. The article analyzes the structure of the resources of banking and non-banking financial and credit institutions and identifies the peculiarities of the formation of their resource base. The specifics of the process of complication of the credit market as a system are considered. The need to take into account the interaction of the credit market and the markets of credit resources, banking resources and others was emphasized. The types of risks of the functioning of the credit market have been determined. The scientific novelty consists in deepening the theoretical understanding of the system of market risks, which consists of the risks of the activities of individual subjects and the risks of the operation of the market itself; The practical significance lies in the possibility of expanding the methodological foundations of risk management to take into account the impact of the risks of the credit market functioning. The identification of risks for individual financial and credit institutions and the functioning of the credit market provides an opportunity to assess the nature of their impact with further determination of the synergistic effect and will constitute a methodical approach to identifying systemic risk and systemic crisis. The practical significance lies in the possibility of expanding the methodological foundations of risk management to take into account the impact of the risks of the credit market functioning. The identification of risks for individual financial and credit institutions and the functioning of the credit market provides an opportunity to assess the nature of their impact with further determination of the synergistic effect and will constitute a methodical approach to identifying systemic risk and systemic crisis.

Keywords

сredit, market, resources, risks.

JEL classification: E440, E510, G210; DOI: 10.32680/2409-9260-2022-9-10-298-299-95-102

UD classification: 336.71:336.774

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