Home  Journals  Financial Analytics: Science and Experience  7(337) - 2017 July

Assessment of banking risk reduction mechanisms in crisis economic conditions

Vol. 10, Iss. 7, JULY 2017

Article PDF Version

Received: 12 January 2017

Received in revised form: 29 May 2017

Received in final form: 23 March 2017

Accepted: 5 June 2017

Available online: 14 July 2017

Subject Heading: RISK, ANALYSIS AND EVALUATION

JEL Classification: C82, D81, G21, G32, M31

Pages: 805–820

https://doi.org/10.24891/fa.10.7.805

Subject The article discusses and studies the risks to the RF banking sector.
Objectives The paper aims to assess risks as threats to the economic security in banking. I am to compile disaggregated data contained in open information sources and to predict the further development and possible consequences for business and people.
Methods Using econometric and statistical methods, I analyze the impact of crisis on the banking sector.
Results The article presents analytical data, which reflect the figures of the banking market during the economic crisis, and it identifies possible trends to strengthen the economic security of the Russian Federation.
Conclusions and Relevance The current political and economic situation and the impact of the global financial and economic crisis make economic units seek new ways of achieving and improving the competitiveness and economic security, for the international economic relations have taken a turn for the worse due to the political sanctions. The sphere of the results application covers scientific research as well as banking and other financial organizations.

Keywords: banking sector, risk, crisis, economic security

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