The Role of Bank Credit in Financing of the Economic Growth in Russia

The aim of the study is to identify solutions of the problems of the real sector of Russian economy, associated with its financing and lending for economic growth. These include low growth of industrial production, irrational structure of exports and imports, high degree of depreciation of fixed assets, lack of volumes and growth rate of investments in their renovation. According to the materials of the official bodies of state power of Russia, the analysis of the main declared objectives and methods of achieving high rates of economic growth was carried out. Based on the study of relevant statistical information, there were identified the main sources for financing of economic development and the necessity of their extension. Special attention was paid to trends in bank lending of the real sector.