The credit system: the role of the Central Bank and commercial banks

Coursework By discipline: Economic Theory TOPIC: CREDIT SYSTEM: the place and role in it CENTRAL BANK AND COMMERCIAL BANKS 2008 TABLE OF CONTENTS INTRODUCTION 3 1. CREDIT AND CREDIT SYSTEM 4 1.1 The essence and necessity of the loan 4 2.2 Credit Functions 9 2.3 Laws loan 10 2. modern credit system in Russia 12 2.1 The essence and main elements of the credit system 12 2.2 The Central Bank 12 2.2.1 Location of the central bank in the credit system 12 2.2.2 The functions of the central bank 14 2.3 Commercial banks 16 2.3.1 The place and role of commercial banks in the credit system 16 2.3.2 Types of Commercial Banks 17 2.3.3 Operations of Commercial Banks 18 2.3.4 Association of Commercial Banks 20 CONCLUSION 22 REFERENCES 25 Year Established: 2008