BILL TRANSACTIONS OF REGIONAL CREDIT INSTITUTIONS: PROBLEMS AND PROSPECTS OF DEVELOPMENT
In article the condition and development of bill transactions of banks in general across the Russian Federation, by credit institutions of North Caucasus federal district and on commercial banks of the Republic of Dagestan is considered. Modern circulation of bills provides to its participants implementation of business challenges for attraction of short-term financial resources, for receipt of additional commission benefit in case of implementation of trade and intermediary transactions, and also for optimization of a credit and investment portfolio. The most reliable and active operators of the market of circulation of bills are commercial banks. Their activities are concentrated on all segments of the bill market. Procedure of issue of bank bills is regulated by Federal Law «About the Translated and Promissory Note» and is standard – legal acts of the Central Bank of the Russian Federation. Recently commercial banks issue bills of exchange generally for forming of positive credit history which is necessary for an exit to other segments of the stock market.