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Financial Analytics: Science and Experience
 

Transformation Function of the National Banking System in an Emerging Market

Vol. 2, Iss. 7, JULY 2009

Available online: 13 September 2009

Subject Heading: The banking sector

JEL Classification: 

Krylova L.V. Head of the Chair of Credit and Finance, Academy of Labor and Social Affairs
kryloffs@yandex.ru

In the article the transformation function of the Russian banking system are examined, including its accumulation and transfer aspects.
     The author considers that there is a good reason to confirm, that the functional fragmentation takes place in the Russian banking system, as well as the gap between the federal and regional banking systems. To authors` opinion the state federal banks are capable of overcoming these fragmentations by forming the canals of interaction between the federal and regional banks.

Keywords: system, banking, intermediation, financial, transformation function, inter-market allocation of capital, accumulation, savings, market, emerging

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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