Credit creation
From ACT Wiki
1. Banking.
The process by which banks create money by lending out deposited funds.
2. Non-bank financial intermediation.
Similar processes undertaken by non-bank financial intermediaries (NBFIs).
1. Banking.
The process by which banks create money by lending out deposited funds.
2. Non-bank financial intermediation.
Similar processes undertaken by non-bank financial intermediaries (NBFIs).