THE IMPROVEMENT OF CRITERIA FOR IDENTIFICATION OF SYSTEMICALLY IMPORTANT BANKS BASED ON CROSS-SECTORAL APPROACH

In this article, the authors investigate the current theoretical and methodological approaches to the identification of systemically important banks, taking into account the specifics of national economies. The purpose of our study is an elaboration of criteria for the identification of systemically...

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Main Authors: G. G. Gospodarchuk, E. O. Suchkova
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2018-10-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/731
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author G. G. Gospodarchuk
E. O. Suchkova
author_facet G. G. Gospodarchuk
E. O. Suchkova
author_sort G. G. Gospodarchuk
collection DOAJ
description In this article, the authors investigate the current theoretical and methodological approaches to the identification of systemically important banks, taking into account the specifics of national economies. The purpose of our study is an elaboration of criteria for the identification of systemically important banks at the national level. It creates a platform for the use of a proportional approach to the regulation of their activities. We used a cross- sectoral approach. It is based on the use of methods of induction and cluster analysis, which involves ranking banks in terms of their impact separately on the non-financial and financial sectors of the economy, followed by aggregation and ranking of the results. The study is based on the analysis of theoretical and methodological approaches to the identification of systemically important banks and was performed in relation to the Russian economy. It includes an analysis of the financial statements of commercial banks and the definition of indicators characterizing their cross-sectoral impact on the economy. We have elaborated criteria and evaluation scales for quantitative and qualitative characteristics of the systemically important banks with the allocation of significance levels. On the basis of the developed criteria, we analyzed the systemically important Russian banks for the non- financial and financial sectors, and for the economy as a whole. Further, we gave the quantitative and qualitative assessment of the systemically important Russian banks and provided a comparative analysis of the results with the officially established list of systemically important banks in the Russian Federation. The criteria and evaluation scales proposed in the study allow increasing the objectivity of the banks’ classification as systemically important ones. At the same time, they create a platform for using a proportional approach to regulating the activities of systemically important banks. Proposed in the study the criteria for identification of the systemically important banks, with regard to their impact on certain sectors of the economy, are universal and can be used in different countries.
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spelling doaj-art-0fb42d78a21d4c229a2987124ebdedd52025-08-20T03:00:44ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892018-10-01224183710.26794/2587-5671-2018-22-4-18-37662THE IMPROVEMENT OF CRITERIA FOR IDENTIFICATION OF SYSTEMICALLY IMPORTANT BANKS BASED ON CROSS-SECTORAL APPROACHG. G. Gospodarchuk0E. O. Suchkova1Lobachevsky National Research Nizhny Novgorod State universityNational Research university “Higher School of Economics”In this article, the authors investigate the current theoretical and methodological approaches to the identification of systemically important banks, taking into account the specifics of national economies. The purpose of our study is an elaboration of criteria for the identification of systemically important banks at the national level. It creates a platform for the use of a proportional approach to the regulation of their activities. We used a cross- sectoral approach. It is based on the use of methods of induction and cluster analysis, which involves ranking banks in terms of their impact separately on the non-financial and financial sectors of the economy, followed by aggregation and ranking of the results. The study is based on the analysis of theoretical and methodological approaches to the identification of systemically important banks and was performed in relation to the Russian economy. It includes an analysis of the financial statements of commercial banks and the definition of indicators characterizing their cross-sectoral impact on the economy. We have elaborated criteria and evaluation scales for quantitative and qualitative characteristics of the systemically important banks with the allocation of significance levels. On the basis of the developed criteria, we analyzed the systemically important Russian banks for the non- financial and financial sectors, and for the economy as a whole. Further, we gave the quantitative and qualitative assessment of the systemically important Russian banks and provided a comparative analysis of the results with the officially established list of systemically important banks in the Russian Federation. The criteria and evaluation scales proposed in the study allow increasing the objectivity of the banks’ classification as systemically important ones. At the same time, they create a platform for using a proportional approach to regulating the activities of systemically important banks. Proposed in the study the criteria for identification of the systemically important banks, with regard to their impact on certain sectors of the economy, are universal and can be used in different countries.https://financetp.fa.ru/jour/article/view/731ystemically important banksidentification of systemically important banksmethodological approaches to identification of systemically important bankscriteria for identification of systemically important banksnational features in the identification of systemically important banks
spellingShingle G. G. Gospodarchuk
E. O. Suchkova
THE IMPROVEMENT OF CRITERIA FOR IDENTIFICATION OF SYSTEMICALLY IMPORTANT BANKS BASED ON CROSS-SECTORAL APPROACH
Финансы: теория и практика
ystemically important banks
identification of systemically important banks
methodological approaches to identification of systemically important banks
criteria for identification of systemically important banks
national features in the identification of systemically important banks
title THE IMPROVEMENT OF CRITERIA FOR IDENTIFICATION OF SYSTEMICALLY IMPORTANT BANKS BASED ON CROSS-SECTORAL APPROACH
title_full THE IMPROVEMENT OF CRITERIA FOR IDENTIFICATION OF SYSTEMICALLY IMPORTANT BANKS BASED ON CROSS-SECTORAL APPROACH
title_fullStr THE IMPROVEMENT OF CRITERIA FOR IDENTIFICATION OF SYSTEMICALLY IMPORTANT BANKS BASED ON CROSS-SECTORAL APPROACH
title_full_unstemmed THE IMPROVEMENT OF CRITERIA FOR IDENTIFICATION OF SYSTEMICALLY IMPORTANT BANKS BASED ON CROSS-SECTORAL APPROACH
title_short THE IMPROVEMENT OF CRITERIA FOR IDENTIFICATION OF SYSTEMICALLY IMPORTANT BANKS BASED ON CROSS-SECTORAL APPROACH
title_sort improvement of criteria for identification of systemically important banks based on cross sectoral approach
topic ystemically important banks
identification of systemically important banks
methodological approaches to identification of systemically important banks
criteria for identification of systemically important banks
national features in the identification of systemically important banks
url https://financetp.fa.ru/jour/article/view/731
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