Subject. Uncertainty and risks of the banking system development have increased against the background of identified inefficient credit and payment instruments. The conceptual framework for the said system development includes not only the State support to backbone banks, but also establishing the cause-effect relationship between the offered banking product and the service, and the conditions and legal grounds stipulated for banks, having basic and universal licenses. Objectives. The purpose is to identify the specifics of banking operations related to credit products, considering the changes in distribution of payment instruments of banks in the credit card market. Methods. The study employs empirical and theoretical methods, like formalization, observation, comparison, test of cause and effect relationships. The systems approach forms a basis of the study. Results. I consider conditions for obtaining the government support for targeted loans, including the participation in major innovative projects and programs and the need to balance financing for the acquisition of intangible assets through subsidized interest rates on loans. It is recommended to introduce the concept of ‘credit banking instruments’ for scientific and economy-related purposes. Conclusions. Improving the efficiency of the use of credit banking instruments should be implemented on the basis of a comprehensive system of preventing financial losses, diversification of loan portfolio and optimization of payments with bank card holders, taking into account the lending policy, formed in the context of activities of a particular federal district and the subject of the Russian Federation.
Keywords: bank, banking system, credit instrument
Baikova S.D., Demko O.V. [Russian banking system in current market conditions]. Finansy i kredit = Finance and Credit, 2012, no. 34, pp. 25–37. URL: Link (In Russ.)
Khutorova N.A., Miroshnikova V.V. [Foreign expertise in stress testing of the banking sector and the possibility to adapt it to the Russian practice]. Finansovaya analitika: problemy i resheniya = Financial Analytics: Science and Experience, 2020, vol. 13, iss. 3, pp. 343–358. (In Russ.) URL: Link
Rykova I.N., Gubanov R.S. [Analysis of financial behavior of citizens in the banking services market: Loans, deposits, payment system]. Bankovskoe delo = Banking, 2017, no. 11, pp. 50–54. (In Russ.)
Rykova I.N., Gubanov R.S., Dzansolova B.S. [Regional banking market of Russia: Issues of theory and practice]. Bankovskoe delo = Banking, 2017, no. 8, pp. 30–39. (In Russ.)
Martynov A. [Institutional divergence and prospects for economic globalization]. Problemy teorii i praktiki upravleniya = International Journal of Management Theory and Practice, 2013, no. 12, pp. 80–86. URL: Link (In Russ.)
Gomanova T.K., Luk'yanova Z.A. [Directions of activization of activity of credit organizations with consideration of peculiarities of regional banking systems]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2014, no. 4, part 1, pp. 246–249. (In Russ.)
Budkov D.Yu. [Tool of analysis of the effectiveness of the bank's activity]. Mezhdunarodnyi zhurnal gumanitarnykh i estestvennykh nauk = International Journal of Humanities and Natural Sciences, 2018, no. 5, pp. 103–106. URL: Link (In Russ.)
Anisimova A.A. [State regulation of mining, processing and turnover of precious metals and gems in the People's Republic of China]. Finansovyi zhurnal = Financial Journal, 2013, no. 4, pp. 117–128. URL: Link (In Russ.)
Borshch L.M. [Methodological monetary institution tools, incentive social and economic development]. Nauchnyi vestnik: finansy, banki, investitsii = Scientific Bulletin: Finance, Banking, Investment, 2019, no. 2, pp. 82–90. URL: Link (In Russ.)
Ivanova V.N., Ivanov V.S. Gosudarstvenno-chastnoe partnerstvo v innovatsionnom razvitii regiona i predpriyatii [Public-private partnership in the innovative development of the region and enterprises]. Moscow, Finansy i statistika Publ., 2010, 160 p.
Magazov I.R. [Evaluation of the relationship between profit, profitability and liquidity of the commercial bank on the example of PJSC Sberbank]. Vestnik nauki i obrazovaniya = Bulletin of Science and Education, 2018, no. 3, pp. 41–49. URL: Link (In Russ.)
Starodubtseva E.B., Markova O.M. [Profitability of commercial banks in Russia: Modern state and development trends]. Vestnik Astrakhanskogo gosudarstvennogo tekhnicheskogo universiteta. Ser.: Ekonomika = Vestnik of Astrakhan State Technical University. Series: Economics, 2018, no. 4, pp. 139–148. URL: Link (In Russ.)
Gubanov R.S., Lukovnikova N.S. [Financing of priority investment projects in the development of the national economy of the Russian Federation]. Finansovyi menedzhment = Financial Management, 2019, no. 4, pp. 66–76. (In Russ.)
Zvonova E.A. [The role of the banking sector of the Russian financial market in trans-border movements of capital on the international financial market]. Bankovskoe pravo = Banking Law, 2019, no. 1, pp. 40–48. URL: Link (In Russ.)