yofili ss saqarTvelos saxalxo banki

ss liberTi banki da Svilobili kompaniebi2009 wlis konsolidirebuli finansuri angariSgeba(aTasi lari)4. mniSvnelovani buRaltruli Sefasebebi da daSvebebi (gagrZeleba)finansuri instrumentebis Sefasebafinansuri instrumentebi, romlebic klasificirdeba, rogorc gasayidad arsebuli aRiricxebasamarTliani RirebulebiT. aseTi finansuri instrumentebis samarTliani Rirebuleba warmoadgenssavaraudo Tanxas, romliTac SesaZloa instrumenti gaicvalos msurvel mxareebs Soris, iZulebiTi anlikvidacisas gayidvis garda. Tu finansuri instrumentisTvis arsebobs kotirebuli sabazro fasi, maSinsamarTliani Rirebuleba gamoiTvleba sabazro fasze dayrdnobiT. rodesac Sefasebis parametrebi araris warmodgenili bazarze an SeuZlebelia sabazro fasebiT maTi gansazRvra, samarTliani Rirebulebagamomdinareobs TiToeuli produqtis Sesabamis sabazro monacemebis analizsa da faswarmoqmnis immodelebidan, romlebic iyeneben matematikur meTodoligiebs, romlebic finansur Teoriebs eyrdnoba.faswarmoqmnis modelebi iTvaliswinebs fasiani qaRaldebis sakontraqto pirobebsa, aseve Sefasebissabazro parametrebs, rogorebicaa saprocento ganakveTi, meryeoba, gacvlis kursebi da Semxvedri mxarissakredito reitingi. rodesac SefasebisTvis sabazro monacemebi ar arsebobs, mmarTveloba akeTebsdaSvebas parametris saukeTeso Sefasebaze, raTa keTilgonivrulad gansazRvros, Tu rogor fassdaadebda bazari instruments. am daSvebis gansaxorcieleblad gamoiyeneba sxvadasxva saSualebebi,romelic moicavs arsebul sarwmuno monacemebs, istoriul monacemebs da eqstrapolaciur teqnikebs.Tavdapirveli aRiarebisas finansuri instrumentis samarTliani Rirebulebis saukeTeso Sefaseba aristranzaqciis fasi, garda im SemTxvevebisa, rodesac instrumentis Sefaseba xdeba arsebul sabazromonacemebTan SedarebiT. nebismieri sxvaoba tranzaqciis fassa da Sefasebis teqnikaze dayrdnobilRirebulebas Soris ar aRiardeba konsolidirebul saoperacio angariSgebaSi Tavdapirveli aRricxvisas.Semdgomi mogebisa Tu zaralis aRiareba xdeba im SemTxvevaSi, Tu is warmoiqmneba im faqtoriscvlilebiT, romelsac bazris monawileebi ganixilavdnen fasis dasadgenad.jgufi buRaltrul Sefasebebs, romlebic dakavSirebulia finansuri instumentebis SefasebsTan, iq sadacar arsebobs kotirebuli sabazro fasi, ganixilavs, rogorc ganusazRvrelobis Sefasebis ZiriTadwyaros, vinaidan (i) es Sefasebebi Zalian midrekili aris cvlilebisken periodidan periodamde, radganisini mmarTvelobisgan moiTxoven saprocento ganakveTebze, meryeobaze, gacvlis kursebze, Semxvedrimxaris sakredito reitingze, Sefasebis koreqtirebebsa da tranzaqciis garkveul maxasiaTeblebzedaSvebis gakeTebas (ii) gavlena, romelic eqneba SefasebaSi cvlilebis aRiarebas mis balansze, asevemogeba-zaralis uwyisSi warmodgenil aqtivebze, SeiZleba iyos materialuri.mmarTvelobas rom gamoeyenebina sxva Sefasebebi saprocento ganakveTebze, meryeobaze, gacvlis kursebze,Semxvedri mxaris sakredito reitingsa da Sefasebis koreqtirebebze daSvebebis gakeTebisas, es faqtigamoiwvevda did an mcire cvlilebebs im finansuri instrumentebis Sefasebisas, romlisTvisac ararsebobs kotirebuli sabazro fasi. am cvlilebebs SesaZloa materialuri gavlena hqonoda jgufisangariSgebaSi mocemul wminda mogebaze.sadazRvevo kontraqtis rezervisadazRvevo kontraqtis rezervisTvis Sefaseba unda gakeTdes rogorc im mosalodneli sadazRveoSemTxvevebis saboloo xarjis, romelebic aRiricxa, magram ar aris gadaxdili angariSgebis dRisTvis,ise im mosalodneli sadazRveo SemTxvevebis saboloo xarjis, romlebic ganxorcielda, magram ar arisaRricxuli angariSgebis dRes. zaralis maqsimaluri Tanxis zust dadgenas SeiZleba sakmaod drodasWirdes, zogierTi saxis politikisas, ganxorcielebuli, magram angariSgebis dRes aRuricxavisadazRvevo SemTxvevebi sabalanso angariSgebis valdebulebebis umetes nawils warmodgens.ZiriTadi daSveba, romelic exeba jgufis mier gamoyenebul meTodologias aris is, rom jgufi warsulgamocdilebas sadazRveo SemTxvevebis proeqciaze iyenebs momavali…sadazRveo SemTxvevebis saproeqciodda Sesabamisad zaralebis maqsimaluri xarjis prognozirebisTvis. es meTodologia axdens gadaxdili dagaweuli zaralis, erT sadazRveo SemTxvevaze saSualo xarjisa da zaralis raodenobis proeqciiseqstrapolacias wina wlebis gamocdilebebsa da mosalodneli zaralis koeficientebze dayrdnobiT.warsuli sadazRveo SemTxvevebis proeqciis analizi ZiriTadad xdeba ZiriTadi saqmianobismimarTulebebis mixedviT. msxvili sadazRveo SemTxvevebi, rogorc wesi, calke ganixilvis Temaa, an xdebamaTi darezerveba zaralis Semfaseblis mier dadgenili Sefasebebis samarTliani RirebulebiT an xdebacalke prognozireba raTa aisaxos maTi momavali proeqcia. umetes SemTxvevaSi ar xdeba zusti daSvebebisgakeTeba momavali sadazRveo SemTxvevebis, inflaciisa Tu zaralis koeficientebze. gamoiyeneba isdaSvebebi, romelic nagulisxmevi iyo warsuli sadazRvevo SemTxvevebis proeqciis monacemebSi, romelsacefuZneba prognozi. damatebiTi xarisxobrivi daSvebebi gamoiyeneba raTa Seafasos is sazRvrebi, romlisSemdeg warsuli tendenciebi aRar gamoiyeneba momavalSi, imisaTvis, rom mividnen im savaraudo sadazRveoSemTxvevebis saboloo xarjamde, romlis dadgoma SesaZlo Sedegebidan yvelaze realuria, TugaviTvaliswinebT yvela arsebul uzustobas.daSveba aseve keTdeba gadamzRvevi kompaniebis mimarT moTxovnebis ukan miRebasTan dakavSirebiT. uimedovalebis rezervis konkretulad damokidebulia gadamzRvevebis gadaxdis unarianobaze, gadaxdebTandakavSirebul gamocdilebaze maTTan da sxva uTanxmoebebi, romlis Sesaxebac SeiZleba jgufma icodes.24