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ИД «Финансы и кредит»






Finance and Credit

The concept of internal transfer pricing as an element of the management accounting system of a commercial bank

Vol. 28, Iss. 11, NOVEMBER 2022

Received: 23 June 2022

Received in revised form: 29 September 2022

Accepted: 13 October 2022

Available online: 29 November 2022

Subject Heading: Banking

JEL Classification: G21, G29, G32, M49

Pages: 2540–2576


Anastasiya G. TISHCHENKO Financial University under Government of Russian Federation, Moscow, Russian Federation


Subject. The article considers the development of internal transfer pricing system in a commercial bank, its analysis as a key element of the management decision-making system.
Objectives. My aim is to study the specifics of internal transfer pricing system in a commercial bank and review the current practice of its implementation, based on the existing works of various researchers and my own banking experience.
Methods. The study rests on integrated approach to the organization of internal transfer pricing system, general scientific and special methods of scientific research, like systems and functional analysis, observation, comparison, and generalization.
Results. The paper analyzes the role of internal transfer pricing system in the control and risk management system of a diversified bank with a complex organizational structure, its contribution to the efficiency of banking business through cost savings, to the evaluation of profitability of individual divisions and products of the bank and their role in commercial bank’s profit.
Conclusions. If used, the internal transfer pricing system ensures the consistency of bank management technologies application that helps transform a multi-profile bank with a complex management hierarchy into a stable and manageable structure, in which the goals of managers are coordinated and support the objectives of the credit institution as a whole.

Keywords: management accounting, commercial bank, internal transfer pricing, asset management


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