Financial stability of Sberbank of Russia and Bank for Foreign Trade (VTB) activity in conditions of the world crisis

• Autorzy: A. Ya. Bystryakov , Ok. V. Savchina
• Języki publikacji: EN

Abstrakty

EN

There are two main characteristics that are common to the banking system of today's Russia - instability and sharp structural changes in conditions of the world financial crisis. At the moment banks suffer from the lack of proper economic risk protection. In its turn it is one of the main reasons for bankruptcy and activity discontinuation of a number of them. Because of the existence of the inverse link damage caused by a bankruptcy of any bank can have an impact on the whole banking community and on an economic system of a country as a whole. That is why the main task of the stability analysis research is of great concern. The concept of stability is one of the fundamental in science. Its definition depends on a subject being analyzed. In economics stability problems were considered in particular by V.V. Leontev, Nobel Laureate. Basics of mathematical theory of stability were worked out by A.M. Lyapunov over a century ago.

There are two main characteristics that are common to the banking system of today's Russia - instability and sharp structural changes in conditions of the world financial crisis. At the moment banks suffer from the lack of proper economic risk protection. In its turn it is one of the main reasons for bankruptcy and activity discontinuation of a number of them. Because of the existence of the inverse link damage caused by a bankruptcy of any bank can have an impact on the whole banking community and on an economic system of a country as a whole. That is why the main task of the stability analysis research is of great concern. The concept of stability is one of the fundamental in science. Its definition depends on a subject being analyzed. In economics stability problems were considered in particular by V.V. Leontev, Nobel Laureate. Basics of mathematical theory of stability were worked out by A.M. Lyapunov over a century ago. (fragment tekstu)

Słowa kluczowe

EN

Financial sustainability; Banks; Banking system

PL

Stabilność finansowa; Banki; System bankowy

• Czasopismo: Prace Naukowe / Uniwersytet Ekonomiczny w Katowicach
• Rocznik: 2011
• Tom: Ekonomiczne relacje polsko-rosyjskie na tle europejskiej przestrzeni gospodarczej
• Strony: 50--59

Twórcy

autor

A. Ya. Bystryakov

autor

Ok. V. Savchina

Bibliografia

• http://www.cbr.ru- Bank of Russia official data
• http://www.sbrf.ru - Sberbank of Russia official data
• http://www.vtb.ru - Bank for Foreign Trade (VTB) official data
• Leontev V.V.: Selected works. Book 1: Common Economic Problems of Cost-Benefit Analysis. - M.: CJSC Printing house «Economics», 2006
• Lyapunov A.M.: Selectas. Works on the Theory of Stability. -M.: Science, 2007
• Savchina Ok.V.: Russia in the world economic crisis// International research-to-practice conference «Establishing and prospective of nanotech industry development in noospheric economy: institutional aspect». - Saratov, PC «Science», 2009, p. 160-163