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PROBLEMS OF MODERN ECONOMICS, N 1 (29), 2009
FINANCE AND CREDIT SYSTEM: BUDGET, CURRENCY AND CREDIT REGULATION OF ECONOMY, INVESTMENT RESOURCES
Shtein A. M.
PhD student of St.Petersburg State University

Universal banking system and its role in financing of the industrial economy
The article raises the question of whether it is worth distinguishing commercial and investment activity of banks. The author discusses experience gained by the two leading economies of the world, i.e. Germany and the United States, during the time closely resembling the present-day situation in the Russian economy in general and investment banking activity in particular
Key words: bank, bank services, investments, bank system

Article in russian

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