Reforming the lending system and income of the population

Rapidly changing needs of users force the providers of banking services to expand the range of services, to look for new solutions that increase the incomes of the population, corresponding to the needs of each consumer. When it comes to improving the work of the bank, it is first of all necessary to ensure the competitiveness of the offered lending services and to compare the real incomes of the population. The Bank needs to more carefully approach the analysis of the client's creditworthiness, control over the targeted use of the loan, the proper execution of collateral for the loan,

It should be noted that in the present situation of the country's development there are a number of problems that determine the state of the bank as a whole and, in particular, its credit operations to individuals. To solve them, it is necessary to develop a more effective legislative, regulatory and methodological framework, developed both by the bank itself and by the Central Bank.

The main and main goal of the financial manager is to increase the wealth of the company's owners, and the aim of the entire banking system is to help ensure that the incomes of the population of Russia are such that they provide dignified satisfaction to all social needs.

For any bank, control over repayment of received loans - is the basis of the credit policy of a commercial bank.

Analysis of the dynamics of consumer lending over the past few years has shown a steady increase in the volume of this type of services, but with the onset of the financial crisis in the US, many banks have faced the problem of attracting foreign credit resources, which immediately affected the volume of lending and, naturally, affected the income of the population. Tightening requirements for borrowers, temporary moratoriums on certain types of lending, rising interest rates led to a steady decline in the rate of lending to individuals in the whole country.

One of the promising types of consumer lending is corporate lending, whereby individuals are granted loans for various consumer purposes under the employer's guarantee, which can significantly affect the income of the population and their structure. Another important aspect of improving the mechanism of consumer lending, which determines the income of the population, is the development of the bank's relations with insurance companies and the transition from property insurance and life of the borrower to insurance directly the risk of non-repayment of the loan when lending to the population. This form of insurance gives a reliable guarantee to the bank in the form of obtaining an insurance policy, as well as makes the borrower more carefully weigh its possibilities for repaying loans on time. In addition, in order to ensure sustainable economic growth, the bank needs to expand the range of bank loans for the population, improve the quality of the risk management system in terms of assessing creditworthiness, improve the quality of credit services, reduce the rates of bank loans, encourage the increase in the proportion of household deposits in banks through deposits to increase Credit potential of commercial banks.

As the main alternative form of savings, as a rule, is the purchase of freely convertible foreign currency and its subsequent deposition. The profitability of the purchase of foreign currency consists of the rate of change in the ruble exchange rate and interest rates on deposits in that currency.

Currently, banks offer different types of deposits, both in rubles and in foreign currency. In general, the term of the deposit is up to a year, and on a more long-term basis - up to 3 years. A variety of types of deposit rates are also offered . This can be fixed rates, floating, with interest capitalization, with a monthly payment, with a quarterly payment at the request of the depositors.

The population increasingly trusts the banking system and often prefers to invest free money in the bank for various deposits in national and foreign currencies, since it allows you to receive additional income from deferred money. However, the existing system of guaranteeing the funds attracted by banks is rather complicated. It is still far from completing its formation.