COMMERCIAL BANKS AS A KEY LINK OF THE CREDIT SYSTEM IN THE PRIDNESTROVSKAYA MOLDAVIAN REPUBLIC

Abstract

Commercial banks play a specific role in the system of finance resource re-distribution. They are key finance mediator in economy, they foster a rise in effectiveness of functioning and development of business entities and in general they promote economic growth in the country. The importance of bank participation in the economic system is evident also in bank participation in implementation of state programs and projects aimed at strategic problem solving. The development of all economic system with all its ties and interconnections depends on stable and effective organization of their functioning and how much their functioning meets their objectives in economy. The article analyzes key indicators of commercial banks’ work, identifies modern trends of their development under the influence of crisis phenomena in the republic and shows challenges of the banking sector, which can threaten its stability and reliability. The author substantiates the necessity to design a set of steps aimed at increasing effectiveness of banks’ functioning, which could allow the credit system to fulfill its tasks in full and contribute to the development of economy in the republic.

Keywords

• кредитная система
• банковский сектор
• центральный банк
• коммерческие банки
• экономический кризис
• показатели деятельности банков