+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Finance and Credit
 

Border relations of the banking and financial systems in Russia

Vol. 31, Iss. 3, MARCH 2025

Received: 9 September 2024

Accepted: 19 September 2024

Available online: 27 March 2025

Subject Heading: Financial system

JEL Classification: E50, E58, E59

Pages: 163-180

https://doi.org/10.24891/fc.31.3.163

Valerii V. SMIRNOV I.N. Ulianov Chuvash State University (ChuvSU), Cheboksary, Chuvash Republic, Russian Federation
v2v3s4@mail.ru

https://orcid.org/0000-0002-6198-3157

Subject. This article analyzes the cross-border relations of the banking and financial systems in Russia.
Objectives. The article aims to determine the parameters of cross-border relations of the banking and financial systems in Russia.
Methods. For the study, I used analysis and synthesis, special economic and mathematical methods, in particular, and correlation and regression analysis.
Results. The article shows a decrease in the impact of changes in the monetary aggregate M0 on the monetary aggregates M2 and M2X while maintaining the dynamics of mutual relations M2 and M2X. The article also shows the growth of internal requirements (net requirements to government bodies, requirements to non-financial organizations and households) in the context of mutually supported growth of deposits and other items.
Conclusions. The identified parameters of border relations of the banking and financial systems in Russia and a decrease in mutual relations of the Central Bank and credit institutions' requirements in the context of growth of internal requirements with mutually supported growth of deposits and other items indicate the limits of development of rational relations of the banking and financial systems.

Keywords: banking system, internal requirements, parameters, cross-border relations, financial organizations

References:

  1. Vydolob D.E. [History of the banking system]. Tendentsii razvitiya nauki i obrazovaniya = Trends in the Development of Science and Education, 2024, no. 105-4, pp. 41–44. (In Russ.)
  2. Baidakov I.M. [Features of the development of the banking system of Russia in 1996–1999]. Istoricheskii zhurnal: nauchnye issledovaniya = Historical Journal: Scientific Research, 2024, no. 2, pp. 1–23. URL: Link (In Russ.)
  3. Mitrofanova T.Yu., Mitrofanov N.M. [History of the development of the financial system and lending in Russia. Ups and downs of the financial sector of Russia]. Economy and Paradigm of the New Time, 2024, no. 2, pp. 5–13. (In Russ.)
  4. Samigulina A. [Structure and functions of the banking system of the Russian Federation]. Pravo i ekonomika = Law and Economics, 2024, no. 3, pp. 77–82. (In Russ.)
  5. Rakhmatulin Sh.R. [Banking system in Russia]. Aktual'nye issledovaniya = Current Research, 2024, no. 10-3, pp. 37–41. (In Russ.)
  6. Kitrush D.V. [History of the development of banks and banking activities]. Natsional'nyi vestnik Respubliki Krym = National Bulletin of the Republic of Crimea, 2024, no. 7, pp. 192–196. (In Russ.)
  7. Volkova A.E., Filimontseva E.M. [Credit processes and their impact on the financial system]. Nauchnyi Lider = Scientific Leader, 2024, no. 11, pp. 66–68. (In Russ.)
  8. Presnova Yu.V., Kuskova A.S. [National Features of Building the Banking System of the Russian Federation]. Vestnik molodykh uchenykh Samarskogo gosudarstvennogo ekonomicheskogo universiteta = Bulletin of Young Scientists of Samara State University of Economics, 2024, no. 1, pp. 32–34. (In Russ.)
  9. Chmut G.A. [Financial Sovereignty as One of the Strategic Tasks of Russia at the Present Stage]. Vestnik Universiteta, 2024, no. 1, pp. 160–165. URL: Link (In Russ.)
  10. Balyuk I.A., Balyuk M.A. [Bretton Woods 2.0: Towards a New Global Financial Architecture]. Mirovaya ekonomika i mezhdunarodnye otnosheniya = World Economy and International Relations, 2024, vol. 68, no. 3, pp. 5–14. (In Russ.)
  11. Mendoza J.A.M., Ramos C.L.V., Fuentealba C.L.D. et al. Connectedness in the global banking market network: Implications for risk management and financial policy. International Review of Financial Analysis, 2024, vol. 95, part B, 103470. URL: Link
  12. Zeeshan M. Financial market volatility: Does banking concentration play a role? Finance Research Letters, 2024, vol. 68, 105960. URL: Link
  13. D’Erasmo P., Livshits I., Schoors K. Banking regulation with risk of sovereign default. Journal of International Economics, 2024, vol. 150, 103917. URL: Link
  14. Drott C., Goldbach S., Nitsch V. The effects of sanctions on Russian banks in TARGET2 transactions data. Journal of Economic Behavior & Organization, 2024, vol. 219, pp. 38–51. URL: Link
  15. Glavina S.G., Yarovaya T.A. [The Impact of the Central Bank Digital Currency on Financial Stability]. Izvestiya vysshikh uchebnykh zavedenii. Seriya: Ekonomika, finansy i upravlenie proizvodstvom = News of Higher Educational Institutions. Series: Economics, Finance and Production Management, 2024, no. 1, pp. 6–12. (In Russ.)
  16. Sultonmurodov B. [Reforming the Banking System: Trends and Potential Opportunities]. Ekonomicheskoe razvitie i analiz = Economic Development and Analysis, 2024, vol. 2, no. 1, pp. 494–498. (In Russ.)
  17. Belykh V.S. [Modern Challenges and Prospects for the Development of the Russian Banking System in the Context of Digitalization]. Bankovskoe parvo = Banking Law, 2024, no. 1, pp. 39–47. (In Russ.)
  18. Vasil'ev I.I., Saribekyan N.G. [Digital technologies in the banking sector in the context of the Russian market]. Finansovye rynki i banki = Financial Markets and Banks, 2024, no. 1, pp. 57–62. URL: Link (In Russ.)
  19. Davydov F.D., Girinskii A.V. [Genesis of monetary regulation in the banking system]. Finansovaya ekonomika = Financial Economics, 2024, no. 3, pp. 23–27. (In Russ.)
  20. Osadchii V.V. [Structure of the financial system in the Russian Federation]. Aktual'nye issledovaniya, 2024, no. 9-4, pp. 25–29. (In Russ.)

View all articles of issue

 

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

Journal current issue

Vol. 31, Iss. 3
March 2025

Archive

Видите ошибку в отчестве? Отключите перевод, это английская версия сайта!