The mechanism of modern banking lending and its components
Journal Title: Формування ринкових відносин в Україні. Збірник наукових праць - Year 2016, Vol 7, Issue 7
Abstract
The definition of the nature of credit mechanism and its economic base is made. The essence of the principles of short-term and long-term bank lending is defined. Principles of modern bank lending such as serviceability, urgency, provision, differentiation are highlighted; understanding of the meaning of each is stated and on their base elements of the credit mechanism are allocated. This review of principles is built herewith on decreasing their importance in the current economic conditions.
Authors and Affiliations
M. Y. LALAKULYCH
Keywords
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