Home  Journals  Finance and Credit  35(419) - 2010 September

The need for further understanding and fastening the economic laws as a basis of formation and regulation of the national banking sector

Available online: 23 September 2010

Subject Heading: PHILOSOPHY OF THE FINANCE

JEL Classification: 

The basis for assessing the quality of formation and regulation of national banking sector are scientific laws, the laws and principles, according to which these processes take place. Low level of compliance of the national banking institutions does not allow to develop dynamically the banking sector as a whole and its member institutions at present. Therefore, understanding and consolidation of economic laws in modern conditions is relevant. This article presents and substantiates the impact of basic economic laws of the state of the national banking sector. It is concluded that the economic laws do not operate separately but in interaction that gives rise to the emergence of certain system of laws governing the banking sector.

Keywords: economic laws, quality assessment, regulation, banking sector

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

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