The approaches transformation of the commercial bank to the credit analysis for small business

Abstract

Purpose: the authors explore the questions of approaches transformation of the commercial bank to the credit analysis for small businesses. The role of small businesses is currently being strengthened in the national economy. Discussion: one of the promising areas of crediting to commercial banks in Russia is the development of credit relations with small businesses. In the conditions of modern economic instability, banks should be attentive to potential borrowers. Therefore, a transformation of the approaches of commercial banks to the credit analysis of small enterprises is necessary in order to increase its quality and efficiency. Results: The authors highlighted the historical stages of the development for credit analysis in Russia; analyzed of the current state in the market for crediting to small and medium businesses; considered the stages of the credit analysis for the borrower (small business) in Sberbank; gave the recommendations on the further transformation of the approaches for a commercial bank to the credit analysis of small businesses.