Журнал Viche 2013 №16

№16, 2013

Legislative regulation of a credit contract: short stories and practical recommendations

For the support of stability and reliability of functioning of the bank system in Ukraine is important the availability of normative and legal acts that regulate lawful status of subjects of the banking activity during conclusion of credit contracts, which define rights and duties of their participants (debtors and lender), and also create conditions for their appropriate accomplishment that are defined before conclusion of these contracts. Besides, necessary measures of defence against infringement of the interests of the parties, reestablishment of violated rights and bringing to justice perpetrators should be ratified by valid legislation.