The Role of Bank Credit in a Market Economy
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Academic Journal Incorporations
Abstract
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This article reveals the essence and role of bank credit in the market economy of the Russian Federation at the present stage, also studied scientific approaches to determining the essence of the concept of "bank credit", and considered the main approaches to the significance of the role of bank credit. The purpose and main tasks of the bank's lending activities are outlined. Several functions of a bank loan in a market economy are also considered in detail.
Keywords
bank credit, credit activity, bank, functions, role, market economy