MANDATORY CREDIT ALLOCATION AND GOVERNMENT GUARANTEE IN THE PHILIPPINES
Mandatory credit allocation is a policy intervention to pressure banks to lend to certain sectors that otherwise unfettered finance would not give access to. While some would argue that mandatory credit allocation results in sub-optimal allocation of resources, it has been shown that such intervent...
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Format: | Article |
Language: | English |
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FINTECH Alliance LLC
2024-04-01
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Series: | Фінансово-кредитна діяльність: проблеми теорії та практики |
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Online Access: | https://fkd.net.ua/index.php/fkd/article/view/4322 |