Methodological approaches to the analysis and assessment of credit risks of agricultural enterprises in the Russian Federation

Subject. The article addresses the systems analysis of credit risks associated with financial activities of enterprises operating in the agro-industrial complex of the Russian Federation. Objectives. The purpose is to define methodological approaches to the analysis and assessment of credit risks of enterprises of agro-industrial complex in Russia. Methods. The study employs systems analysis, graphical and comparative analysis. Results. We applied a variable approach to assessing the credit risk of a corporate borrower – an enterprise of the agroindustrial complex. The proposed approach enables to predict with high confidence the probability of financial insolvency in the borrower's activities. Furthermore, we considered a variable approach to credit risk assessment, using corrective risk factors. The paper discloses the role of corporate underwriting in the credit risk assessment process. Conclusions. The considered methodology for assessing credit risks based on internal ratings can be applied to enterprises of the agro-industrial complex of the Russian Federation, which will reduce the risk of losses in this important area of ensuring the country’s food security.