The application of a methodology for calculating the internal credit rating and the counterparty credit risk limit in credit risk management
https://doi.org/10.34020/1993-4386-2025-3-111-118
Abstract
The article discusses the application of a methodology for calculating internal credit ratings (ICR) and setting credit risk limits in order to manage credit risk within organizations. It examines the key elements of assessing the creditworthiness of business partners, including analysis of financial indicators, business reputation, and external data. Special attention is given to the methodology of calculating IRC based on both quantitative and qualitative factors, as well as establishing credit risk limits to mitigate financial losses. The paper emphasizes the importance of incorporating internal ratings and risk limits into risk management processes in order to ensure financial stability and regulatory compliance.The technique has been implemented in a gas transportation company and has proven effective in real-world settings.
About the Author
V. Zaikovskii
Tomsk State University of Control Systems and Radioelectronics
Russian Federation
Russian Federation
Viktor E. Zaikovskii – PhD in Economics, Associate Professor of the Department of Management
Tomsk
References
1. Fadejkina N., Demchuk I. Evolution of Views on the Categories of "Risk" and "Uncertainty" in Economic Science, RISK: Resursy, Informacija, Snabzhenie, Konkurencija, 2013, No. 3, рp, 202–208. (In Russ.).
2. Upravlenie riskami tehnogennyh katastrof i stihijnyh bedstvij (posobie dlja rukovoditelej organizacij), Monografija [Risk Management of Man-Made Disasters and Natural Calamities (A Guide for Organization Managers). Monograph], Moscow: FGBU VNII GOChS (FC), 2016, 270 р. (In Russ.).
3. Blank I. A. Upravlenie finansovymi riskami: nauchnoe izdanie [Financial Risk Management: a scientific publication], Kyiv: Nika-centr, 2005, 598 р. (In Russ.).
4. Charaeva M. V. Financial Risk Management Tools in the Context of an Unstable Financial Condition of a Corporation, Finansovaja analitika: problemy i reshenija, 2020, Vol. 13, No. 1 (351), рp. 50–70. (In Russ.).
5. Pashkovskij D. A. On the Features of Building a Credit Risk Management System in Vertically Integrated Oil and Gas Companies, Global'nyj nauchnyj potencial, 2024, No. 3 (156), рp. 337–340. (In Russ.).
6. Dolgih Ju. A. Financial risks of the corporation, Rossijskie regiony v fokuse peremen [Russian regions in the focus of change], Collection of reports from the XIX International Conference of Students and Young Scientists (Yekaterinburg, November 14–16, 2024), Ekaterinburg: Izdatel'skij Dom «Azhur», 2025, рр. 1276-1279. (In Russ.). Available at: https://elar.urfu.ru/bitstream/10995/125614/1/978-5-91256-595-3_274.pdf.
7. Dolgih Ju. A., Bakunova T. V., Trofimova E. A., Panfilova E. S. Finansovyj menedzhment: uchebnoe posobie [Financial Management: a textbook], Ekaterinburg: Izdatel'stvo Ural'skogo universiteta, 2021, 118 р. (In Russ.).
8. Pashkovskij D. A., Zajkovskij V. Je. Methodological Approach to Forming a Risk Management and Internal Control Process Map for a Gas Transport Organization, Problemy jekonomiki i upravlenija neftegazovym kompleksom, 2024, No. 4 (232), рp. 54–61. (In Russ.).
Review
For citations:
Zaikovskii V. The application of a methodology for calculating the internal credit rating and the counterparty credit risk limit in credit risk management. Siberian Financial School. 2025;(3):111-118. (In Russ.) https://doi.org/10.34020/1993-4386-2025-3-111-118
Views:
28
Email this article 