PLACE AND ROLE OF FINANCIAL INTERMEDIARIES

Plamen Peev; Pavlina Dimitrova

Authors

Plamen Peev University of agribusiness and rural development
Pavlina Dimitrova

Keywords:

financial intermediaries, importance of credit institutions, banking

Abstract

In modern business environment, influenced by globalization and dynamic changes, often with negative effects and hiding a lot of risks to the economies of the countries, the financial system plays a key role in global and national economies. It is the one that, by stimulating economic growth, affects the economic performance of the participants, impacting economic well-being. The financial system makes possible a more efficient transfer of funds.

References

Zakon za kreditnite institutsii

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http://www.referati.org/funkcii-na-finansoviq-posrednik/24021/ref/p4