Banking sector is a subject to a large number of risks. Ability to correctly assess both the consequences and the possibility of onset of risks to resist and prevent risks, as well as to control and carry out operations to eliminate them within the framework of limited financial resources, are key points in the competent planning of business processes in the field of banking. The main purpose of this research is to find possible solutions to the problem of confronting banks with credit risk. In this regard, the main tasks are theoretical consideration of banking risks, study of the causes of credit risk, its prerequisites for the sphere of influence of this risk, as well as the identification of ways to eliminate and minimize the onset of this type of risk.