Credit activity is the main type of active operations of banks and should ensure the transformation of savings into investments and capital. The provision of business with credit resources of the subjects of the banking sector is an important factor in its development. The macroeconomic analysis of the functioning of the banking system shows that the Bank of Russia continues to regulate the lending activities of banks, without stimulating it to increase the volume of lending to non-financial organizations, while the volume of lending to the population is still growing. Thus, the Central Bank of the Russian Federation contributes to the development of negative social trends (property stratification, unemployment growth, etc.) and weakens the competitiveness of national business entities. Moreover, such regulation creates prerequisites for the emergence of crisis situations in the country.