Credit Policy within BRD Bank

• Main Authors: Moraru Camelia, Popovici Norina
• Format: Article
• Language: English
• Published: Ovidius University Press 2017-01-01
• Series: Ovidius University Annals: Economic Sciences Series
• Subjects: credit; profitability; risk
• Online Access: http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/26.pdf

The market economy necessarily implies the existence of a banking system that ensures themobilization of all the monetary resources of the economy and their temporary orientation in theconduct of efficient economic activities. Banks through the activity of collecting the financial resources, while guiding them towardsthose units that require additional temporary financing, fulfill an important role of bankingintermediation. Therefore, credit becomes an important tool in stimulating the development of aneconomy, encouraging certain phenomena according to the objectives set by the economic entities. It has been found that credit is indispensable to an economy, which is why the method of granting itis significant and, in this sense, the function of the bank of financial analyst plays an important rolein orienting resources towards the most efficient placements.