IMPACT OF NONBANK CREDIT ORGANIZATIONS ON ECONOMIC GROWTH
https://doi.org/10.5281/zenodo.14292523
Keywords:
fintech technologies, innovative technology, blockchain technology, financial inclusion, digital finance services, Noble credit institutionsAbstract
This article analyzes the impact of non-bank credit organizations on economic growth. Nonbank credit organizations are important entities that have a great influence on the development of the economy, since they strengthen economic processes by lending, stimulating investments, creating new jobs and supporting innovation. The article analyzes in detail the role of nonbank organizations in lending to small and medium-sized businesses, increasing consumer and production demand, ensuring financial stability, as well as their role in supporting economic growth. The paper also explores the impact of digital finance services and fintech technologies on economic growth.
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