PLACE AND ROLE OF FINANCIAL INTERMEDIARIES

Plamen Peev, Pavlina Dimitrova

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.

Keywords


financial intermediaries, importance of credit institutions, banking

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References


Zakon za kreditnite institutsii

Zakon za publichnoto predlagane na tsenni knizha

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