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The development of a sustainable banking system is a precondition for the development of an economy. The fair competition between financial institutions would lead to the efficient use of financial and other economic resources. The purpose of this paper is to extract all prominent factors in the...
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capable of distinguishing between projects with different credit risk when allocating credit. Or, given the two projects with … exploiting the lender’s lack of information. When credit is allocated, there is another risk known as moral hazard. Moral hazard …
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