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Finance and Credit
 

New factors of impact of financial globalization upon commercial banks activity

Vol. 15, Iss. 14, APRIL 2009

Available online: 16 September 2009

Subject Heading: Economy globalization

JEL Classification: 

Roslikova O.G. Rostov State University of Economics ;

Financial globalization gives new impetus to the development of national banking systems, but at the same time increases the possibility of headlong expansion of destabilizing processes among certain nationals banking systems. As the recent months events have shown the global nature of economic exchange in the financial sphere not only becomes a new factor of commercial banks development but also has a great influence upon real economy functioning.

Keywords: finance, globalization, national, bank, system, process, exchange

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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