Improving the Mechanisms of Auto Lending in Commercial Banks

This article examines the current trends in the development of auto lending in commercial banks, analyzes the existing mechanisms for providing car loans to the population, and identifies the main problems hindering the effective development of this segment of banking services. Particular attention is paid to the digitalization of lending processes, improvement of borrower creditworthiness assessment systems, and reduction of credit risks. Based on the results of the study, proposals were developed to improve the mechanisms of auto lending in commercial banks.