CHALLENGES AND PROSPECTS OF COOPERATION BETWEEN RUSSIAN COMMERCIAL BANKS AND OVERSEAS BANKS
The article deals with researching the work of credit organizations with participation of non-residents in Russia today and prospects of the development of home bank sector. Advantages of foreign banks functioning on Russian market are shown. Problems hindering the process of consolidation and devel...
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| Format: | Article |
| Language: | Russian |
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Plekhanov Russian University of Economics
2017-09-01
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| Series: | Вестник Российского экономического университета имени Г. В. Плеханова |
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| Online Access: | https://vest.rea.ru/jour/article/view/139 |
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| _version_ | 1849244785699717120 |
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| author | Yuliya N. Severina |
| author_facet | Yuliya N. Severina |
| author_sort | Yuliya N. Severina |
| collection | DOAJ |
| description | The article deals with researching the work of credit organizations with participation of non-residents in Russia today and prospects of the development of home bank sector. Advantages of foreign banks functioning on Russian market are shown. Problems hindering the process of consolidation and development of interbank interaction were identified. Findings of the research allow us to conclude that it is next to impossible to expect a fast growth of European and American banks on Russian market or arrival of new players. At the same time a sharp reduction in functioning of overseas banks in Russia is hardly probable. Due to the intention of Russia to expand cooperation with Asian countries these banks' arrival is feasible. |
| format | Article |
| id | doaj-art-b9fc1cca97df4dcdb0faba8a65e7850c |
| institution | Kabale University |
| issn | 2413-2829 2587-9251 |
| language | Russian |
| publishDate | 2017-09-01 |
| publisher | Plekhanov Russian University of Economics |
| record_format | Article |
| series | Вестник Российского экономического университета имени Г. В. Плеханова |
| spelling | doaj-art-b9fc1cca97df4dcdb0faba8a65e7850c2025-08-20T03:59:03ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512017-09-0102535810.21686/2413-2829-2016-2-53-58138CHALLENGES AND PROSPECTS OF COOPERATION BETWEEN RUSSIAN COMMERCIAL BANKS AND OVERSEAS BANKSYuliya N. Severina0Plekhanov Russian University of EconomicsThe article deals with researching the work of credit organizations with participation of non-residents in Russia today and prospects of the development of home bank sector. Advantages of foreign banks functioning on Russian market are shown. Problems hindering the process of consolidation and development of interbank interaction were identified. Findings of the research allow us to conclude that it is next to impossible to expect a fast growth of European and American banks on Russian market or arrival of new players. At the same time a sharp reduction in functioning of overseas banks in Russia is hardly probable. Due to the intention of Russia to expand cooperation with Asian countries these banks' arrival is feasible.https://vest.rea.ru/jour/article/view/139bank system of russiarepresentation offices of overseas banks in russiaprocess of consolidation and development of interbank interaction |
| spellingShingle | Yuliya N. Severina CHALLENGES AND PROSPECTS OF COOPERATION BETWEEN RUSSIAN COMMERCIAL BANKS AND OVERSEAS BANKS Вестник Российского экономического университета имени Г. В. Плеханова bank system of russia representation offices of overseas banks in russia process of consolidation and development of interbank interaction |
| title | CHALLENGES AND PROSPECTS OF COOPERATION BETWEEN RUSSIAN COMMERCIAL BANKS AND OVERSEAS BANKS |
| title_full | CHALLENGES AND PROSPECTS OF COOPERATION BETWEEN RUSSIAN COMMERCIAL BANKS AND OVERSEAS BANKS |
| title_fullStr | CHALLENGES AND PROSPECTS OF COOPERATION BETWEEN RUSSIAN COMMERCIAL BANKS AND OVERSEAS BANKS |
| title_full_unstemmed | CHALLENGES AND PROSPECTS OF COOPERATION BETWEEN RUSSIAN COMMERCIAL BANKS AND OVERSEAS BANKS |
| title_short | CHALLENGES AND PROSPECTS OF COOPERATION BETWEEN RUSSIAN COMMERCIAL BANKS AND OVERSEAS BANKS |
| title_sort | challenges and prospects of cooperation between russian commercial banks and overseas banks |
| topic | bank system of russia representation offices of overseas banks in russia process of consolidation and development of interbank interaction |
| url | https://vest.rea.ru/jour/article/view/139 |
| work_keys_str_mv | AT yuliyanseverina challengesandprospectsofcooperationbetweenrussiancommercialbanksandoverseasbanks |