The article discusses a set of key indicators that enable continuous monitoring of credit risks and provide early warning about the level of risk (low, medium, and high). Credit risks, when exceeding a threshold value established under a specific scenario, may cause serious damage to the bank’s reputation or result in financial losses that hinder the timely implementation of the bank’s strategy. The limit values of the key risk indicators, which must not be breached by the bank, are defined, and when approaching the established thresholds, measures should be taken to mitigate credit risk. The article also reflects on significant risks that the bank is willing to accept or intends to reject in order to achieve its business objectives. There are also scientific proposals and conclusions on the process of developing risk-appetite and risk profile indicators, a set of mechanisms and systems.

The article presents the concept of risk culture in commercial banks, its content, economic significance, the role of risk culture in risk management, ways of forming risk culture, and strong and weak features of risk culture. The article also presents the opinions of scientists and experts in the field of risk culture. Conclusions are presented at the end of the article.