The algorithm of interaction of the bank’s divisions within the framework of consideration of a loan application as an important element of the credit process model

Ushanov Alexander E.

This article is devoted to the optimization of the credit process when banks provide loans to corporate clients. The state of the lending market in 2022 is considered. The views of economists on the shortcomings of the current credit process, on a set of measures to protect credit risk are analyzed. The roles and functions of the participants of the credit transaction are outlined, on this basis, an algorithm for interaction of the bank's services at the stages of making a credit decision, its implementation and loan issuance is proposed.

Keywords:commercial bank, interaction of departments, modernization of the credit process, model of the lending process, Bank of Russia.