Keyword: «interest rate»

Expediency of application of various receptions and methods of improvement of the mechanism of formation of credit policy of commercial bank locates. Authors offer model of creation of the credit policy based on search of optimum balance of risk and profitability of assets of bank.

The paper describes the situation with the public debt of Belarus on the background of recession of Belarusian economy. It reflects changes in the financial situation of Belarusian economy. The decrease in bank interest rates and inflation, stabilization of the exchange rate of Belarusian ruble are analysed. It is shown that the decline in bank interest rates is achieved by the National Bank of the country by administrative means; the stability of the Belarusian ruble is achieved due to the receipt of currency on the market from the population, who try to maintain their accustomed standard of living despite the fall of their income. The necessity of structural reforms of Belarusian economy is considered.

Development of bank rate theory and its practical application in credit system of Russia at different stages is considered in this article retrospectivly. Three stages of bank rate theory development in the Soviet credit system are presented. The authors describe a transition from administrative formation of interest rates to a market mechanism.