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Finance and Credit
 

Development of institutes of self-regulation of bank system

Vol. 18, Iss. 22, JUNE 2012

Available online: 8 June 2012

Subject Heading: Banking

JEL Classification: 

Makarkin N.P. Doctor of Economics, Professor of department "Economy and Logistics", Mordovia State University
makarkin@mrsu.ru

Mitrokhin V.V. PhD in Economics, Associate Professor of department "Finance and Credit", Mordovia State University
mitrokhin_vlad@mail.ru

Development of institutes of self-regulation in bank sphere raises stability of its functioning. Self-regulation of bank system should be combined with the regulation which is carried out by the Central bank. In modern conditions self-regulation of bank activity has had primary development through creation of bank associations. The necessity of association of their efforts for the purpose of increase of efficiency of bank activity is presented in the article.

Keywords: bank system, self-regulation, central bank, supervision, financial market

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

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