Credit Risk （Based on Analysis of Financial Statements） as the Decisive Factor Influencing the Risk of Investors  

作　　者：Nada Milenkovic Milos Pjanic Jelena Andrasic 

机构地区：[1]University of Novi Sad, Novi Sad, Serbia

出　　处：《Journal of Modern Accounting and Auditing》2013年第8期1081-1087,共7页现代会计与审计（英文版）

摘　　要：Banks as the key subjects in the financing of investment have a strong influence on the risk of investors. Hence, the solvency of the bank is of crucial importance for the risk management in the investment process. Given the fact of underdevelopment of financial markets and the lack of trading activities in securities, it is evident that the investments of banks in the developing countries mostly include lending investments. Looking at the key categories of risk that influence the overall risk of the banking business in such conditions, it can be concluded that credit risk presents the dominant and decisive factor. The aim of the paper is to select the bank determinant key factors of credit risk and to determine the extent to which non-performing loans （NPL） of bank credits affect the solvency of banks, and therefore also the risk of investors. This selection of the main determinants will be based on the analysis of financial statements. This is essential, especially taking into account the impact of the global financial crisis and the increasingly frequent falling into insolvency customers. Finally, liquidity of customers is that of the bank, and it is crucial for investors to timely identify possible risks associated with bank loans in order to proactively manage risk investment.

关 键 词：risk management credit risk analysis bank solvency non-performing loans （NPL） 

分 类 号：F832.4[经济管理—金融学] TP317.3[自动化与计算机技术—计算机软件与理论]