Banking System's Sustainability of Russia: Transformation of National Banking Market
Olga G. Semenyuta, Е А Данченко, Nikita Olegovich Panchenko, Russian Federation
Abstract
Olga G. Semenyuta, Е А Данченко, Nikita Olegovich Panchenko, Russian Federation
Abstract
The article is dedicated to analyze of economic essence of system's sustainability. Authors accomplish classification of factors from which the quality of banking products and services on the banking market is detached because of its enormous influencing on the sustainable condition of banking sector. International and the Russian experience of the development of banking market have been processed. Propositions of improvement of national market of banking services that strengthen creation of sustainable banking system have been promoted.
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The article is dedicated to analyze of economic essence of system's sustainability. Authors accomplish classification of factors from which the quality of banking products and services on the banking market is detached because of its enormous influencing on the sustainable condition of banking sector. International and the Russian experience of the development of banking market have been processed. Propositions of improvement of national market of banking services that strengthen creation of sustainable banking system have been promoted.
Key concepts: Sustainability, Business, Retail banking, Quality (philosophy), Financial system, Sustainable development, Banking industry, Commerce