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What is credit creation?

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Question added by eshetu abetew
Date Posted: 2017/01/10
muhammad hammad
by muhammad hammad , training , pakistan aeronautical complex kamra

it is bank related question not radar related

Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

Credit of credit is one of the most function of a under bank. *It's an open secret that the banks do not keep cent per. reserve against deposits in order to meet the demands of depositors

manseer muhammed ali
by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

Credit Creation is a situation in which banks make more loans to consumers and businesses, with the result that the amount of money in circulation(being passed from one person to another) increases. In other words it refers to the unique power of the banks to multiply loans and advances, and hence deposit

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