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TERRA ECONOMICUS

Region banks: functioning and development

TERRA ECONOMICUS, , Vol. 11 (no. 3.3),
p. 116-121

In modern conditions of regional banking has assumed special economic importance due to the need to adapt to the banks strategy for social- economic development of regions. Banks, as a kind of filter redistributes cash flows in economy, perform a special role in addressing economic recovery. Regional indicators of banking activity and concentration of banking capital largely determine prospects for the development of regional economy, creating conditions for investment activity and improve living standards. The present article deals with the role of regional banking systems in the economic development of the country. Identify existing problems of development and operation of modern regional banking systems. Measures for their effective functioning are offered.


Keywords: banks; regional banks; regional banking system; capitalization of banking systems; the region's economy

References:
  • Andrianova A.A, Kulumbekova T.S., Tokayev N.H. (2010). Development and effective activities of banks in the region. Monograph. Penza. (In Russian.)
  • Zverkova T.N. (2012). Regional banks in the transitional economy: approaches to the formation of the concept of development. Monograph. Orenburg. (In Russian.)
  • Mandryka A.Yu. (2012). Regional banking system: the nature, elements, operating problems. Current research on social problem, № 11(19). (In Russian.)
  • Regional division. Number of credit institutions and their branches (2013). Bulletin of Banking Statistics, № 10. (In Russian.)
  • Sugarova I.V. (2012). Investment trends and factors of economic development of the region. Herald SOGU, № 1. (In Russian.)
  • Tadtaeva V.V. Dzgoeva M.H. (2013). Analysis of the credit activity of commercial banks in the Republic of North Ossetia-Alania and their development. «3d International Conference on Science and Technology», London, 21–22 October. (In Russian.)
  • Russian Central Bank data. Available at: www.cbr.ru. (In Russian.)
Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606