Izvestiya of Saratov University.

Economics. Management. Law

ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)


For citation:

Makarov V. Y. Credit Market: the Problems, Contradictions and Potential for Growth . Journal Izvestiya of Saratov University. Economics. Management. Law, 2016, vol. 16, iss. 2, pp. 144-148. DOI: 10.18500/1994-2540-2016-16-2-144-148

This is an open access article distributed under the terms of Creative Commons Attribution 4.0 International License (CC-BY 4.0).
Full text PDF(Ru):
Language: 
Russian
Heading: 
Article type: 
Article
UDC: 
004.33

Credit Market: the Problems, Contradictions and Potential for Growth

Autors: 
Makarov Vladimir Yurievich, Stolypin Volga Region Institute of Administration of the Russian Presidential Academy of National Economy and Public Administration
Abstract: 

Introduction. In the present state of the domestic economy, where there is a stable manifestation of stagflation processes will inevitably have to deal with problems in the field of credit and the banking system. At the same time it is the real situation in those areas of financial activity depend largely on the prospects and potential for economic growth. Therefore, the study of the conditions in which this activity takes place, and the search for reserves to strengthen the positions of banks in the market today are the urgent tasks. Theoretical analysis. Evidence suggests that the pace of development of the microfinance sector lending rates significantly higher than those characterizing our banking system that is actually in a state of decline. Despite the leading position of this sector, there is the intersection of the activities of microfinance institutions and banks in consumer lending, which determines the need to examine product offerings of these organizations in the field of microcredit. Results. The study revealed the existence of the competitive advantages of the banking system in mikropotrebkreditovaniya and available as a result of this potential increase in the volume of lending by the banking sector, which in the implementation of these advantages in practice will improve forecasts and prospects for its development. Conclusions. The list of measures for elimination of the banking system of stagnant and the pre-crisis status must include measures to educate potential borrowers about the competitive advantages of banking products, which should lead to an increase in the influx of customers for loans to banks, and thus to improve the financial condition of the latter, subject to competent credit policy.

Reference: 
  1. TsB: prosrochka po kreditam stremitel’no rastet (Central Bank: the delay for loans is growing rapidly). Vesti. Ekonomika. VGTRK (Messages. Economy. VGTRK. Site). Available at: http://www.vestifinance.ru/articles/57488 (accessed 12 December 2015).
  2. TsB: banki Rossii mogut stolknut’sia s problemami (CB: Russian banks may face problems). Vesti. Ekonomika. VGTRK (Messages. Economy. VGTRK. Site). vailable at: http://www.vestifinance.ru/articles/57578 (accessed 12 December 2015).
  3. Bankam ogranichat razmer stavki kreditovaniia iurlits (Banks will limit the size of the lending rates of legal entities). Vesti. Ekonomika. VGTRK (Messages. Economy. VGTRK. Site). Available at: http://www.vestifinance.ru/ articles/57525 (accessed 12 December 2015).
  4. Tempy potrebitel’skogo kreditovaniia snizilis’ (The rate of consumer credit declined). Kreditnyi gid (Guide Credit. Site). Available at: http://kredit-guide.ru/novosti/tempyi-potrebitelskogo-kreditovaniya-sniz... (accessed 12 December 2015).
  5. Bez kreditov: kak rossiiane sokrashchaiut kolichestvo dolgov (Without loans: how to reduce the amount of debt Russians). IA RosBiznesKonsalting (Information Agency RosBusinessConsulting. Site). Available at: http://money.rbc.ru/news/565c69389a79472100459838 (accessed 12 December 2015).
  6. Bahvalov A. Kreditnyi impul’s (Credit momentum). Rossiiskaia Biznes-gazeta (Russian business newspaper. Site), 2015, no. 984, February 10. Available at: http://www.rg.ru/2015/02/10/mfo.html (accessed 12 December 2015).
  7. Finansovyi tsentr (Financial Center. Site). Available at: http://fincenter.biz/saratov/microfi nance-institutions/ezaem.html (accessed 12 December 2015).
Received: 
27.01.2016
Accepted: 
24.02.2016