scholarly journals PROBLEMS IN RUSSIAN FEDERATION BANKING SYSTEM IN CONNECTION WITH THE PANDEMIC AND WAYS OF THEIR SOLUTION

2020 ◽  
pp. 100-106
Author(s):  
О. Г. Ситникова ◽  
Е.А. Посная ◽  
М.И. Казнова ◽  
К.Г. Заярная
Keyword(s):  
Russian Federation ◽  
Banking Sector ◽  
Banking System ◽  
Government Support ◽  
Financial Indicators ◽  
Financial Situation ◽  
Consumer Lending ◽  
Banking Institutions ◽  
The Russian Federation

В статье рассматриваются интересные и актуальные вопросы и проблемы, связанные с функционированием банковских учреждений Российской Федерации в условиях пандемии коронавируса. Выделены основные проблемные направления, которые присутствуют в настоящее время в банковской сфере из-за «коронакризиса», обозначены последствия и предложены пути решения проблемных вопросов. Также проведен анализ финансовой ситуации в банковских учреждениях Российской Федерации. Акцент сделан на таких параметрах как капитал, платежеспособность, ликвидность, профицит. Произведено сравнение основных финансовых показателей деятельности банковских учреждений до пандемии и в настоящее время. Исследована динамика на рынке потребительского кредитования банковскими учреждениями Российской Федерации, выявлены и обоснованы основные тенденции. Проанализированы действующие направления поддержки работы банковского сектора со стороны государства. Сделаны соответствующие выводы и даны рекомендации. The article examines interesting and topical issues and problems related to the functioning of banking institutions of the Russian Federation in the context of the coronavirus pandemic. The main problem areas that are currently present in the banking sector due to the "coronacrisis" are highlighted, the consequences are indicated and ways of solving problematic issues are proposed. The analysis of the financial situation in banking institutions of the Russian Federation was also carried out. The emphasis is on such parameters as capital, solvency, liquidity, surplus. Comparison of the main financial indicators of banking institutions' activities before the pandemic and at present is made. The dynamics of the consumer lending market by banking institutions of the Russian Federation is investigated, the main trends are identified and substantiated. The current directions of government support for the banking sector are analyzed. The corresponding conclusions are made and recommendations are given.

scholarly journals Analyzing Impact of Computer Attacks on the Banking System of the Russian Federation

2019 ◽  
pp. 202-210
Author(s):  
A. A. Salcutan
Keyword(s):  
Russian Federation ◽  
Banking Sector ◽  
International System ◽  
Banking System ◽  
Russian Economy ◽  
Computer Attacks ◽  
The Russian Federation ◽  
The Impact ◽  
Swift System

The article analyzes damage caused by attacking finance organizations in the Russian Federation through activization of hacker groups. The mentioned attacks were mainly directed at banking cards’ processing, cash machines and the SWIFT system, an international system of transmitting finance information and payments. The growth in hacker penetrations can be seen in all sectors of Russian economy, it is based on informational confrontation and aims at destabilization of considerable objects of critical information infrastructure. Today special attention is paid to attacks of hacker groups, which get financing from states and criminal groupings in order to exert influence on the leading banks of the world. The author investigated the key methods of attacks of finance organizations. The role of the Federal service on technical and export control and the Department of information security of the Bank of Russia was described. By assessing the impact of computer attacks the author came to the conclusion that the Russian banking sector is vulnerable to computer attacks on informational systems that could cause damage not only to small but also big credit organizations, which possess over 60% of the Russian banking sector assets.  

scholarly journals Participation of Foreign Capital in Banking System of the Russian Federation

2018 ◽  
Vol 9 (3) ◽  
Author(s):  
Larisa Tatarinova
Keyword(s):  
Russian Federation ◽  
Banking Sector ◽  
Foreign Capital ◽  
Banking System ◽  
Foreign Investments ◽  
Political Situation ◽  
The Russian Federation ◽  
National Banking System ◽  
National Practice

Changes of them political situation in the world, introduction of economic sanctions in regard to the Russian Federation have changed the situation in banking system and have had an impact on the banks activities with foreign participation. The article examines possible variants of foreign capital in the banking system of the Russian Federation, presents the foreign and national practice of the Bank of Russias regulation of foreign investments into the banking sector beginning from 1991 till present. It shows the foreign capital role in own funds (capital), in assets of the Russian Federation banking sphere, in attracting monetary funds of private and legal entities in crediting the real economic sector. It notes that against the general background of decreasing number of the credit organizations of the Russian Federation there is a decrease of the number of the banks with foreign participation, their structural subdivisions. Beginning from 2013, there is a decrease of the foreign capital share. The aggregate charter capital of the national banking system manifests negative trends and other indicators of the banks activities with foreign participation. Beginning from 2014 and up till now, the role of the banks with foreign participation in the banking sector of the Russian Federation is beginning to go down.

SOCIAL RESPONSIBILITY OF COMMERCIAL BANKS IN MODERN CONDITIONS OF DEVELOPMENT OF THE RUSSIAN BANKING SYSTEM

2016 ◽  
Vol 11 (1) ◽  
pp. 49-56
Author(s):  
Иванова ◽  
Anna Ivanova
Keyword(s):  
Social Responsibility ◽  
Russian Federation ◽  
Commercial Banks ◽  
Banking Sector ◽  
Banking System ◽  
Strategy Of Development ◽  
The Social ◽  
The Russian Federation

This article is devoted to the study of social responsibility of commercial banks. The author discusses the main challenges, mechanisms and trends in the development of social responsibility of the banking sector. Results of the research allow to conclude that the principles of social responsibility is currently not fully implemented in the strategy of development of domestic commercial banks, and the level of social responsibility of commercial banks is still quite low, as the level of trust of Russians to banks. The article examines some essential aspects of the development and formation of the social responsibility of commercial banks in the Russian Federation.

scholarly journals Antitrust regulation in the market of banking services

2019 ◽  
pp. 60-67
Author(s):  
A. D. Bartsits
Keyword(s):  
Financial Market ◽  
Russian Federation ◽  
Banking Sector ◽  
Banking System ◽  
The State ◽  
Banking Services ◽  
The Russian Federation ◽  
Antitrust Regulation ◽  
And Control

The article considers the financial market as an object of antitrust regulation and control, the banking services market. The importance of conducting antimonopoly control in the banking sector is given. The state of the banking system, as well as competition in the banking services market is analyzed. The interaction of two control bodies — the FAS of the Russian Federation and the Bank of Russia is given.

scholarly journals Contradictory tendencies in banking systems of the Slovak Republic and the Russian Federation

2017 ◽  
Vol 1 (2) ◽  
pp. 108-118
Author(s):  
Simona Heseková
Keyword(s):  
European Union ◽  
Russian Federation ◽  
Banking Sector ◽  
Foreign Capital ◽  
Slovak Republic ◽  
Banking System ◽  
The European Union ◽  
European Union Law ◽  
Banking Systems ◽  
The Russian Federation

The paper analyzes the banking systems of the Slovak Republic under the influence of the European Union legislation and banking system of the Russian Federation from the perspective of opening the banking sector to foreign capital. A fundamental difference between the given legislations, which is reflected mainly in the recent period, lies in the degree of openness of the banking system to foreign capital. While the banking system of the Slovak Republic under the influence of the European Union law can be considered as highly open banking system to foreign capital, the legislation concerning the Russian banking system is characteristic by legal limitation for foreign capital entry. The analysis of these contradictory tendencies which have common goal – to ensure a stable banking system could bring important knowledge that may help in resolving the issue of stability of the banking system at the global level.

scholarly journals Securitization as a method of managing the liquidity of a commercial bank

2020 ◽  
pp. 33-40
Author(s):  
Aleksandr Andreevich Sidorov
Keyword(s):  
Commercial Bank ◽  
Russian Federation ◽  
Commercial Banks ◽  
Financial Risk ◽  
Banking Sector ◽  
Banking System ◽  
Business Environment ◽  
Scientific Methods ◽  
Banking Activity ◽  
The Russian Federation

The financial system of the Russian Federation is currently facing deterioration of the conditions of external business environment. The spread of the coronavirus infection COVID-19 turned 2020 into the most difficult year for development of banking system of the Russian Federation. This article is dedicated to the research analysis of practical role of securitization as a mechanism and method used in management of the internal liquidity of a commercial bank. The relevance of this study is substantiated by the need to improve the mechanisms of financial risk management, which emerge in activity of credit institutions that experience a shortfall of internal liquidity of the assets. Methodological framework is comprised of the general scientific methods of cognition of economic phenomena, which allowed viewing the relevant tools of managing the liquidity of commercial banks and indicating most topical issues and barriers. The research is based on the combination of normative and positive analysis, principles of uniformity of historical and logical, as well as analytical approach towards studying the economic phenomena that reflect the contradictory nature of social processes. The article examines the relevant problems of formation of the internal liquidity of banking sector of the Russian Federation; as well as theoretical aspects of the concept of “liquidity” of a commercial bank. Description Is given to the mechanism of managing the liquidity of a commercial bank. The author considers the fundamentals and characteristic of securitization as a method of managing liquidity of a bank, and lists the advantages of using securitization in ensuring internal liquidity of banking activity. The benefits of securitization as a method of managing the liquidity of commercial banks in the Russian Federation are analyzed.

scholarly journals IMPROVING CONSUMER LENDING MODEL CLIENTS

2016 ◽  
Vol 2 (1) ◽  
pp. 245-249
Author(s):  
Лычева ◽  
Irina Lycheva ◽  
Молчанова ◽  
Vera Molchanova
Keyword(s):  
User Interfaces ◽  
Banking Sector ◽  
Banking System ◽  
Customer Base ◽  
Consumer Lending ◽  
Banking Market ◽  
The Russian Federation ◽  
Relationship Of ◽  
The Relationship

The dynamism of the ongoing reforms in the domestic banking sector, one way or another, concerns the relationship of banks with their clients. The customer base responds differently to the reform of the banking system: there is a category of clients who do not take the action of the Central Bank of the Russian Federation, they argue that the monopoly of state-owned banks will lead to a deterioration of service, reduction in quality of banking products and riskiness of banking operations. But there is another category of customers who are positive about the changes and consider increasing the state presence in the banking market of the natural course of development. They link these changes with the possibility of increasing the funding the most important sectors of the real sector of the economy: construction, metallurgy, mechanical engineering. The problem of the banking sector today and in previous periods is similar in many respects: banks still continue to search for the elusive Holy Grail - lasting relationships with customers. Despite the high technology, graphical user interfaces and marketing strategy for the implementation of the task is still unclear in many respects.

Empirical assessment of the impact of blockchain technologies upon effective development of the banking system

2020 ◽  
pp. 105-116
Author(s):  
Marat Rashitovich Safiullin ◽  
Rafis Timerkhanovich Burganov ◽  
Leonid Alekseevich El'shin ◽  
Aliya Aidarovna Abdukaeva
Keyword(s):  
Financial Market ◽  
Russian Federation ◽  
National Economy ◽  
Financial Management ◽  
Banking Sector ◽  
Banking System ◽  
Practical Significance ◽  
The Russian Federation ◽  
Effective Development ◽  
The Impact

This article is dedicated to studying the problems and prospects in development of financial market of the national economy of the Russian Federation in the conditions of globalization and integration of FinTech technologies. Consideration of potential risks and consequences of their usage in economic activity would contribute to substantiation of the key strategic vectors in development of the financial market and national economy overall. Methodological framework contains positions of the theory of strategic management, financial management, and procedural approach. Peculiarities of determination of the parameters of financial sector development within the framework of scenario forecasting of integration of blockchain technologies into the banking system are revealed using the set of methods of systemic, complex, logical, comparative and economic-mathematical modeling. Based on assessment of the emerging effects caused by integration of distributed data storage technologies into the system operational processes of credit institutions, the author carries out a formalized assessment of development prospects of the banking sector in new institutional conditions of the economy. The theoretical and practical significance of the research consists in substantiation of the need for activation of the processes of integration of blockchain technologies into the financial system of national economy, which allows increasing sustainability and effective development of its participants, as well as ensuring the growth of global economic competitiveness for decades to come. The scientific novelty consists in proposal of an algorithm for assessing macroeconomic effects as a result of integration of blockchain technologies into the banking sector. The author builds the models that assess the impact of operational and credit risks upon the key parameters of financial performance of the banking sector of the Russian Federation.

scholarly journals Procedures for Financial Monitoring of the Banking Sector in Russia

2017 ◽  
Vol 12 (3) ◽  
pp. 89-96
Author(s):  
A. I. Andrianova
Keyword(s):  
Russian Federation ◽  
Banking Sector ◽  
Banking System ◽  
Financial Control ◽  
Combined Control ◽  
The Russian Federation ◽  
Definition Of ◽  
Financial Monitoring ◽  
Banking Operations

The article analyzes the nature, content, and variety of procedures that are used by authorized subjects (organizations and government agencies) for the purposes of financial monitoring as a form of financial control of banking operations in the Russian Federation. The author proposes a classification of financial monitoring procedures based on analysis of the national banking legislation and secondary legal acts issued by the Central Bank of the Russian Federation. A definition of the notion of legal techniques used for financial monitoring of the banking system in Russia is also presented. The paper argues in favor of comprehensive financial monitoring, as well as combined control and informational nature of procedures used for the financial monitoring of banking operations in Russia.

scholarly journals The Russian banking sector: new development trends

2021 ◽  
Vol 295 ◽  
pp. 01052
Author(s):  
Natalya Mashkina ◽  
Ekaterina Selyutina ◽  
Anna Minaeva
Keyword(s):  
Russian Federation ◽  
Banking Sector ◽  
Negative Impact ◽  
Banking System ◽  
Subsequent Development ◽  
Existing Problems ◽  
Current Trends ◽  
New Development ◽  
The Russian Federation ◽  
Key Indicators

The article examines the key trends in the banking system of the Russian Federation in 2017-2019. The efficiency of the use of domestic financial resources and the intensity of accumulation processes largely determine the level of socio-economic development of the state, which confirms the key role of banks and the banking sector in the development of the national economy. Although the Russian banking sector is experiencing rapid growth, it still does not reach a sufficient level of development of the competitive environment and market discipline, which negatively affects the quality of banking services. The aim of the study is a comprehensive analysis of current trends in the development of the banking sector of the Russian Federation over the past three years. During the study, comparison methods and economic and statistical methods were used. The tasks of the work are to identify existing problems in the Russian banking sector and its prospects. The result of this work was a study of key indicators of the banking system of the Russian Federation in 2017-2019. This study analyzed the dynamics of the number of credit institutions, financial results of the banking sector, as well as the volume of credits and deposits of legal entities and individuals. The main conclusion of the work was that despite the active development of the Russian banking system in recent years, there are still problems that need to be solved. Global processes and challenges, such as the coronavirus pandemic in 2020 and related restrictions, have a negative impact on the financial sector both in Russia and globally. This also includes foreign sanctions. In these circumstances, the subsequent development of the domestic banking sector will largely depend on the development of the situation with coronavirus and Russia’s diplomatic relations.

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