SOME FINANCIAL – LEGAL ASPECTS OF BANK CREDIT MEDIATION IN FOREIGN TRADE
New Knowledge Journal of Science
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Title |
SOME FINANCIAL – LEGAL ASPECTS OF BANK CREDIT MEDIATION IN FOREIGN TRADE
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Creator |
Papazov, Ignat; D.A. Tsenov Academy of Economics - Svishtov
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Description |
Abstract: Commercial banks are one of the most important and influential economic agents whose outputs produce the movement of large financial resources, as well as the increase in the magnitude of the same. This circumstance is in direct connection with the bank credit intermediation and precisely the specific operations framed within its scope reinforce the dominant position of the banks in the monetary circle. It is the banks that are at the center of a complex of financial - monetary and credit relations, where at the entrance and the exit of which are the clients - in different quality. Once, as creditors, and second time - as debtors/borrowers vis-à-vis the banking institution. The credit mechanism has as a consequence the growth of the foreign capital advanced to the banking business, transposing it into credit resources.Keywords: credit rights, credit return, bank foreign trade credit, cash circulation, bill of exchange effect.
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Publisher |
University of agribusiness and rural development - Plovdiv
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Contributor |
—
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Date |
2017-04-25
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://science.uard.bg/index.php/newknowledge/article/view/224
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Source |
New knowledge Journal of science; Vol 6, No 1 (2017): New knowledge Journal of science
2367-4598 1314-5703 |
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Language |
eng
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Relation |
http://science.uard.bg/index.php/newknowledge/article/view/224/163
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Rights |
Copyright (c) 2017 New knowledge Journal of science
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