Abstract

The article examines the role of banking and credit services in strengthening the real economy of Azerbaijan. For this purpose, the problems of development of the real economy are considered and their essence is explained. The importance of the financial mechanism in the efficient use of resources in various sectors of the economy is given. The functions and role of banking institutions in the financial and investment support of the real sector of the economy are analyzed. In accordance with the goals and priorities of the economic development of Azerbaijan, the relevance of diversification and improving the quality of banking and credit services is given. The importance of the real sector of the economy in the context of economic growth of the country is considered. Proposals are made for a more efficient organization of banking and credit services in the context of intensifying the development of the real sector of the economy taking into account the new tasks of the near future.

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