Issues On The Specific Terms Of Credit Agreements
Issues On The Specific Terms Of Credit Agreements
Author(s): Mariana Rodica ŢÎRLEA Subject(s): Economy
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: credit; interest; interest rate; specific terms; usual terms; unfair terms
Summary/Abstract: The credit is a source for financing consumption as well as a power creating imbalances when credits do not comply with the destination they were awarded for, provided that the customer evaluation is not real and does not provide sufficient guarantees. The need for liquidity is given by the purpose and the needs of theclients,which are also based on the bank’s interests. The banking activity is a specific activity and therefore the terms ofthe credit agreements have a specific character. Therefore, the objectives of this research seek the specificity of the credit agreements terms that will be presentedat full length.
Journal: Management Intercultural
- Issue Year: 2014
- Issue No: 30
- Page Range: 263-267
- Page Count: 5
- Language: Romanian