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Financial Analytics: Science and Experience
 

Trends of banking industry of the Krasnodar region cluster and ways of modernization

Vol. 6, Iss. 44, NOVEMBER 2013

Available online: 4 December 2013

Subject Heading: BANKING SECTOR

JEL Classification: 

Yakovenko S.N. PhD in Economics Sciences, Associate Professor of the Department of Economic Analysis, Statistics and Finance, the Kuban State University
2631302@mail.ru

Timchenko A.A. Graduate Student, Lecturer of the Department of of Economic Analysis, Statistics and Finance, the Kuban State University
Atimchenko89@gmail.ru

The dynamic development of the Russian regional banking market observed during the cyclic periods of financial crises and post-crisis economic revival, revealed need of development of innovative bank strategy for increase of competitiveness of regional financial and credit institutes. In the article the state-of-the-art review of a current state of a regional bank cluster of economy of Krasnodar area is carried out and the main directions of its modernization for strengthening of competitive positions and increase of civilization of conducting banking business are developed.

Keywords: regional banking sector, competitive fight, dynamics, modernization, banking system

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

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