WAYS TO IMPROVE LENDING PROCESSES IN COMMERCIAL BANKS

Abstract

This article analyzes the theoretical and practical aspects of improving the lending process in commercial banks. One of the most important tasks in the banking system today is to provide high-quality and fast service to clients. The lending process plays an important role in meeting the financial needs of customers, and its effective management increases the bank's economic stability and competitiveness. The main stages of the lending process in commercial banks, factors affecting its effectiveness and existing problems were considered in the article. Also, there are recommendations on ways to improve the lending process, including the use of modern information technologies, automation processes and new methods of credit risk management. It is noted that the process of lending can be simplified and accelerated by digitizing the banking system and automating relations with customers.