Finansowanie inwestycji jednostek samorządu terytorialnego kredytem bankowym

Gabriel Główka

Główka, Gabriel
Finansowanie inwestycji jednostek samorządu terytorialnego kredytem bankowym
Bank credit in fi nancing of local government investments
Zeszyty Naukowe SGGW - Ekonomika i Organizacja Gospodarki Żywnościowej, 2009, vol., nr 80, s. 83-95

Abstract

The aim of the paper is the evaluation of the scope, tendencies and terms of financing by bank credits the investments which are undertaken by local governments. The analyses showed that dynamics of bank debt of local governments is high. The structure of debt indicates that local government entities take mainly investment credits. They can borrow from international financial institutions like World Bank or European Bank of Development and Reconstruction or domestic banks: universal and mortgage banks. The universal banks dominate on investment credit market. However, the growth of activity of mortgage banks is observed The rate of growth of self governments entities debt in mortgage banks is high, although, their share in total debt is stable and one digital.