Banks hold the key to economic growth or stagnation, study finds.
The article explores how the banking sector's credit portfolio affects a country's economic growth. It discusses the imbalance between banking sector success and real sector development. The main focus is on how credit markets impact economic growth. The key finding is that banks play a crucial role in increasing investments in the economy, which ultimately determines a country's economic development. The efficient allocation of resources by the banking sector can either hinder or accelerate economic growth.