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Financing Regional Development Through Development Banks

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Author Info

  • Branko Matic

    ()
    (Full Professor, Faculty of Economics in Osijek, Croatia)

  • Hrvoje Serdarusic

    ()
    (Teaching Assistant, Faculty of Economics in Osijek, Croatia)

Abstract

A combination of various sources of financing is a necessary prerequisite to finance any development as well as regional development. Sources of financing can be monitored and evaluated from the aspects of suitability (cost aspect), availability and abundance. Ultimate users of funds give advantage to financial sources whose availability and abundance is at the maximum level, and costs are at their minimum. For the most part, development bank funds meet the above mentioned requirements, since the main function of these banks is to finance certain activities under special (more favourable) conditions. The significance, justification and evaluation of this form of financial resources in the regional development segment are becoming more and more prominent. The subject of this paper is the amount and conditions of development bank loans in the area of Osijek-Baranja and Vukovar-Srijem Counties.

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Bibliographic Info

Article provided by Faculty of Economics in Osijek, Croatia in its journal Interdisciplinary Management Research.

Volume (Year): 5 (2009)
Issue (Month): ()
Pages: 749-759

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Handle: RePEc:osi:journl:v:5:y:2009:p:749-759

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Related research

Keywords: financing; regional development; development banks; sources of financing;

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References

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  1. Marković, Branimir & Matić, Branko, 2006. "The Process of Transition and the Capital Market in the Republic of Croatia," MPRA Paper 10858, University Library of Munich, Germany.
  2. Maja Lamza - Maronic & Jerko Glavas & Slavko Bosnjak, 2008. "Contribution to the Development of the Urban Management Model," Interdisciplinary Management Research, Faculty of Economics in Osijek, Croatia, vol. 4, pages 526-541, May.
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Cited by:
  1. Maja Lamza-Maronic & Jerko Glavas & Igor Mavrin, 2010. "Cultural Management In The Republic Of Croatia - Possibilities Of Development," Interdisciplinary Management Research, Faculty of Economics in Osijek, Croatia, vol. 6, pages 133-142.

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