Financial Features of Systemically Important Banks Operation in Modern Conditions

Abstract

The modern banking system is one of the key elements of any national economic system that influences the formation of economic processes. In this regard, it is important to identify the main elements of the banking system that have the greatest impact on the modern economy. The article reveals the financial and distinctive features of modern systemically important credit organizations of the Russian Federation. The authors of the article, based on the structural and dynamic analysis of the credit organizations indicators system, identified the main trends in the banking system development, highlighting the role of systemically important banks in this process. In the course of the analysis, based on the reporting data on the development of the Russian banking system for 2016-2019, the connection between the dynamics of the systemically important credit institutions development and the banking system as a whole was determined. The main conclusions presented in the article can be used in scientific and practical activities in order to strengthen and develop banking regulation and supervision of the largest Russian banks.

The Implementation of Basic Principles of Financial Management to Improve Higher Education Reputation

“…Tuition, taxpayer funding, and donations/grants provide revenues. Recently, however, the model has become increasingly challenged [11][12][13][14][15]. In the face of pressing financial and technology forces for change, not-for-profit higher education institutions need to move from long-successful financial and curriculum models to new models that fit the vastly different conditions of the 21 st century.…”

“…In the face of pressing financial and technology forces for change, not-for-profit higher education institutions need to move from long-successful financial and curriculum models to new models that fit the vastly different conditions of the 21 st century. Even among those most vested in the status quo, the expectation is that the future will be very different than today and will arrive soon [11][12][13][14][15]. The use of funds at a private university must be well managed and reports on its use must be prepared so that it can be verified and audited by internal and external parties.…”

Do Systematically Important Banks Pursue Low-Cost Deposits: Insights from a Difference-in-Differences Estimation

“…The crisis led to a reassessment of the approach towards financial institutions of systemic importance and resulted in the Basel accords that set guidelines for the identification of systematically important banks. Financial institutions that have a significant impact on the economy are considered systematically important (Bulatova & Ipatova, 2020). And banks are the main purveyors of credit and liquidity in the economy.…”

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“…All of the above is calibrated based on the current economic situation in the country and banks operating in a given country with a valid licence which allows to aggregate the results and to get a clear overview of the valuation of assets and the prognosis for development of the situation in the nearest future. Therefore, the Bank of Russia reserves the right to set the specific conditions for the economic assessment of banks (Bulatova, Ipatova, 2021). The main reason for this muted enthusiasm is that although the Bank of Russia offers informal preliminary evidence that it would be inclined to approve credit derivatives in order to relieve credit risk on the grounds of capital adequacy, it has so far taken no concrete steps to achieve this goal.…”