THE QUALITY OF LENDING THE ECONOMY

Credit has a very important role in the economy, and the evolution of national economies has become largely dependent on the private banking system. Credit policy has become one of the main means of action on the economic conjuncture, being called upon to prevent the uncorrelations and potential imb...

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Bibliographic Details
Main Author: GABRIELA CORINA SLUSARIUC
Format: Article
Language:English
Published: University of Petrosani 2018-10-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:https://www.upet.ro/annals/economics/pdf/2018/p1/Slusariuc.pdf
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Summary:Credit has a very important role in the economy, and the evolution of national economies has become largely dependent on the private banking system. Credit policy has become one of the main means of action on the economic conjuncture, being called upon to prevent the uncorrelations and potential imbalances that may arise. Poor credit risk management can cause the banking system to collapse, with unimaginable economic, social and political consequences.
ISSN:1582-5949
2247-8620