Subject. Interaction between transnational companies of the real and financial sectors of the global economy in contemporary conditions. Objectives. To identify the characteristics of current practices in the interaction between transnational companies and banks. Methods. Methods of comparative analysis, institutional and functional approaches were used, along with elements of empirical generalization. Results. The intensification of international competition and the activation of innovative technological processes are forcing transnational corporations of the real sector (TNCs) to deepen their specialization and outsource those areas of activity that do not differentiate their finished products from those of their competitors in their target markets. Transnational banks (TNBs), by contrast, are striving to become universal institutions that provide their corporate clients with all types of banking services globally to support their operations worldwide, as well as to perform some of the functions of corporate financial departments. Addressing these challenges motivates TNCs and TNBs to engage in sustained and long-term interaction. Conclusions and Relevance. The interconnection between TNCs and TNBs is strengthening (confidential information in exchange for stable credit support and comprehensive banking services), which is transforming into complementarity and subsequently into interdependence. The latter manifests itself in a positive connotation: as a result, each party can focus on its core competencies and offer the partner a greater range of opportunities and deeper collaboration, which leads to an improvement in the financial performance of each party. The results may prove useful for further theoretical and applied research on this topic, as well as for practical organizations.
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