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Finance and Credit
 

Institutional and innovation conditions of the Krasnodar regional banking system's development

Vol. 20, Iss. 26, JULY 2014

Available online: 7 July 2014

Subject Heading: Innovation development

JEL Classification: 

Pages: 39-48

Ryndina I.V. Kuban State University, Krasnodar, Russian Federation
iryndina@inbox.ru

The article analyses the institutional condition of the Krasnodar Krai banking system; it reveals the importance of an infrastructure connected with the banking operations implementation with the help of data providing technologies. The author proves the relevance of participation of regional banking institutions in innovative processes. The paper reveals the reasons for active development of the alternative channels for granting banking services and it sets forward proposals aimed at their improvement for overcoming structural restrictions of the sustainable development of the Krasnodar Krai regional banking system.

Keywords: regional banking system, institutional growth, conditions, banking services, banking system innovation, innovation development issues

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