Expert contributions
Autor: Radmila Gaćeša
Summary: The very fact that almost all countries are development-oriented, which implies the existence of institutions in charge of development, in the form of Development Banks, Development Funds or some other organizational form, indicates the significance of existence of such institutions for the country as a whole (macro-plan) and for individual loan users (micro-plan). The primary function of a development bank is to finance capital investments in projects defined according to the middle-term and long-term strategy of social and economic development.