STEPS OF RECORDING LENDING IN COMMERCIAL BANKS

Abstract

Lending by commercial banks is expanding. They need to increase and develop their services in order to keep pace with the times and to withstand competition. This, in turn, requires scientific and practical research to bring private capital of commercial banks closer to national and international standards. The emergence of problem loans in the conduct of credit operations makes it necessary to regulate their accounting in accordance with the requirements of international standards. Given this need, one of the most pressing issues is to improve the accounting of loan repayment and potential loss reserves in commercial banks.