APPLYING PETRI NETS EXTENSIONS TO MODELING COMMERCIAL BANK ACTIVITY

The relevance of the study is determined by the need to improve the methods of modeling andsimulating commercial bank activity, including for the purpose of calculating, controlling and managingthe risk of the bank, in the context of the transition to the application of Basel III standards. Thisimprovement becomes necessary due to a direct transition to new regulatory standards when the internalassessments of the main risks become the initial data for calculating the capital adequacy of a bank. Thepurpose of this article is to argue the opportunity to formulate a theory of the commercial bank model onthe extensions of Petri nets theory. The main methods of research were the method of scientific abstractionand method of logical analysis. The main result obtained in the study and presented in the article is theargumentation of the possibility to analyze the quantitative and qualitative characteristics of acommercial bank with the help of Petri net extensions.