[Formation of the risk-management system in the regional credit cooperative]

With a view of decrease in risks it is necessary to develop cooperation with insurance companies, to increase volumes of reserve and insurance funds, to create insurance funds of savings and to increase their sizes, to enter unit about conditions of delivery of loans to members of cooperative society into rules of cooperative society; depending on a rating of cooperative society and results of monitoring of loans to involve experts before consultation of workers of agricultural credit-consumer cooperative (ACCC) on creation of funds of insurance of savings of ACCC shareholders. Model of formation of fund of guarantee and support of agricultural credit-consumer cooperatives in Volgograd region are presented. Special value for strengthening of reliability and stability of system of rural credit cooperation has creation within the frame of cooperative sectors the effective of risk-management system which in crisis situations is capable to give guarantees to shareholders and business partners of cooperative societies. Organizational registration of such system in the Volgograd area is begun in 2000 with creation of fund of guarantees and supports of agricultural credit consumer cooperative societies under which maintenance means of refinancing are involved. Means of fund are placed in the authorized bank on deposit account. Sources of formation of fund are deductions of cooperative societies (in the Volgograd area at a rate of up to 7 % of share fund) and budgetary funds. With increase in volume of savings of agricultural population the risk of activity of credit cooperative societies considerably increases, as in case of a delay of return of the loans, connected with acts of nature, or a delay with realization of agricultural production, in cooperative society there can be difficulties with return of savings. With a view of rendering the financial help in case of occurrence of such difficulties creation of insurance fund is necessary for rural credit cooperative societies. Such insurance fund by the decision of general meeting of rural credit cooperative societies-members of ACCC Commonwealth has been created in March, 2004. It has been created due to insurance of payments of borrowers which are defined in percentage of the sum of the loan given out by cooperative society. Purpose of this fund - to guarantee return of savings to shareholders. The insurance fund is indivisible and cannot be spent for maintenance of current activity of cooperative society. In 2005 the regional insurance fund has made 175 thousand rub.