The article provides the analysis of banking sector functioning in Kursk region. The purpose of the study is to determine the main advantages of regional credit institutions over large banking structures in the regional economy. Drawing on structural and dynamic data analysis, the paper reveals basic trends in developing the banking sector of the region and also determines its role in the local economy. The article examines the role of PJSC Kurskprombank as a sole credit institution in the economy of the region explored. The paper analyzes the credit portfolio of the institution against various criteria in order to determine the specifics of the Bank’s work in the field of issuing loans to customers.