Modern Approaches to Improving Bank Lending Processes

The article explores current ways to ensure the efficiency of banking lending processes in the digital transformation and growing requirements for managing credit risk. The research investigates significant paths regarding the improvement of the lending process, such as the models focus on the features of risk, digitalisation of processes, data analytics and customer-oriented models. According to the generalization of practices of individual countries of the world in their narrow and comparative vision, the key consequences of the introduction of modern tools are determined such as the reduction of NPL, the decision-making time as well as the performance of the bank lending activities. We conclude that an holistic solution is needed to modernise banking lending processes.