THE NEED AND THEORETICAL BASIS OF DETERMINING THE RATING OF COMMERCIAL BANKS
Keywords:
Abstract
Commercial banks are considered as the locomotive of all economic entities in the world. Therefore, the financial stability and reliability of banks in many cases is one of the extremely pressing issues for states, central banks and clients, and if it is necessary to carry out remote control over their activities, develop various regulatory and legal standards, as well as based on the results of compliance with established regulatory standards, determination of ratings is considered as an urgent issue. At the same time, independent entities as well as rating organizations throughout the world use the practice of determining the rating of commercial banks. The theoretical aspects of rating assessment of banks' activities are illuminated in this article.
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