Posts Tagged ‘Banks and credit’


Small Business

by yudaica2013 ·

To correct the critical situation requires efforts on both sides. For credit institutions can be effective options for resolving problems: – introduction of banks standardized procedures that reduce the cost of lending and reduce the time for consideration of loan applications – increasing the urgency of the banks' liabilities, thereby reducing the gaps between assets and liabilities by maturity and repayment on demand and improve their liquidity, the introduction of mechanisms to refinance – the creation of federal and regional levels to reduce credit risk through various schemes guarantee and security for loans of small businesses, attracting major companies in the region to the security for small and medium enterprises – improving the regulatory requirements of the Bank of Russia, aimed at cheapening of the banking business, which will reduce interest rates on loans. Tony Parker takes a slightly different approach. Set of measures associated with overcoming internal difficulties of small businesses is, in fact, a list of measures to support small business. Among them are the only steps that a greater degree than others, able to quickly provide a significant effect: – interest rate subsidies on loans for small businesses operating in industries with low profit margins – the stabilization of the tax regime for small businesses – measures aimed at increasing the transparency of small businesses – the development of infrastructure support and educational work among Small Business – creation of funds to support small businesses that would have assisted in gathering documentation and training to work with the banks – the forced promotion fund formation of credit histories. Glenn Dubin often expresses his thoughts on the topic.