RETRACTED: CREDIT RESTORATION – THE REFERENCE POINT IN ECONOMIC ACTIVITY

Abstract

Retracted article2010 vital credit market development trends, measures taken to support liquidity of credit organizations, restructuring of doubtful debts of banks are discussed. Results of meetings and round tables with participation of banks and Russian Federation federal and regional governmental bodies held to examine credit market and investment development issues are analyzed. Special attention is paid to examine legislative initiatives and proposals on amendments to banking law of Russia in the above domain as well as specific steps taken by some Russian Federation regions in this direction.

Keywords

• credit organization
• crediting
• development of banking sector
• guarantee funds for support of small and medium business
• innovative economy
• investment projects
• credit market activation