The role of bank lending in combating the economic crisis
AbstractTaking some measures for diminuation the obligatory minimal reserves of the banking societies and for the decrease of the monetary policy rate of interest, the Romanian National Bank intended to make available certain amounts of money to be used by the banking societies to credit the activity of the trading companies and of the natural persons. A diminuation of the interest for the credits granted by the banking societies is required, along with taking some political and fiscal measures.
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Bibliographic InfoPaper provided by Osterreichish-Rumanischer Akademischer Verein in its series Papers with number 2009/41.
Length: 8 pages
Date of creation: 16 Jun 2009
Date of revision:
Romanian National Bank; banking societies; banking credits; (economic) crisis/ depression; standard of coinage; foreign credits; political and fiscal measures;
Find related papers by JEL classification:
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-07-03 (All new papers)
- NEP-BAN-2009-07-03 (Banking)
- NEP-CBA-2009-07-03 (Central Banking)
- NEP-MON-2009-07-03 (Monetary Economics)
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