On Modernization of Regulation and New Models of Banking Business Development
Year: 2018
Type: article
Abstract: The subject of the research is the problems of improving the regulation of the banking sector and new models for its development under the economic volatility conditions. The purpose of the research was to identify problems that affect the banking sector performance and the stability achieved. The research findings revealed that the emerging disproportions in economic development and the imperfection of risk management are urging banks to seek business models based on a comprehensive assessment of the monetary institutions efficiency covering the economic, social and organizational aspects of the banking sector. It is concluded that the improvement of the banking regulation framework involves its differentiation, raising the responsibility of banks for inflicted losses, updating their development strategies, better adjustment to the needs of the production sector.
Source: Economics taxes & law
Author: O. I. Lavrushin
Institution: Financial University
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2900436369