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Finance and Credit
 

Key indicators of efficiency of credit system

Vol. 18, Iss. 35, SEPTEMBER 2012

Available online: 27 September 2012

Subject Heading: MONETARY CIRCULATION

JEL Classification: 

Polishchuk A.I. PhD in Economics, Associate Professor, Doctoral Student, the Financial University under the Government of the Russian Federation
boroninala@mail.ru

In the article the topical issues connected with a problem of formation of effective credit system are considered. It is noted that the role of key indicators of efficiency of credit system amplifies in the conditions of global financial crisis. Methodological approaches to an assessment of efficiency of credit system with a choice of the corresponding criteria and indicators are analyzed. It is noted that the rate of refinancing is among key advancing indicators which help to regulate economy. The directions of improvement of credit activity which can increase efficiency of credit system and impact of banks on sustainable development of economy are offered. The conclusion is drawn on importance of definition of additional indicators of efficiency.

Keywords: credit system, efficiency, key performance indicators, proactively ratio, refinancing rate, resulting, flowing and anticipated economic indicators

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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