CONCERNING THE WORK OF INTERGATED BANKING STRUCTURES

While the finance market is developing both on the national and international levels we can observe consolidation and amalgamation  of finance and non-finance companies. As a result finance-production holding companies come to the market, which carry out banking,  investment, insurance, leasing acti...

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Bibliographic Details
Main Authors: Svetlana P. Ivanova, Xenia V. Sadykova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2018-02-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/434
Description
Summary:While the finance market is developing both on the national and international levels we can observe consolidation and amalgamation  of finance and non-finance companies. As a result finance-production holding companies come to the market, which carry out banking,  investment, insurance, leasing activity, as well as the work of  professional securities market  participants and other functions,  including non-finance (trade,  industrial) one. In the  Russian Federation certain forms of legal  entities’ associations were formed. The most widely spread form of  such associations with participation of credit organizations in today’s  Russian economy is bank groups and bank holdings. They consist of  independent legal entities, however these entities are connected with relations of control and considerable impact, thus finance market  participants consider bank groups and bank holdings as single business entities. The authors came to the conclusion about  the possibility and necessity of expanding banking structures to regions.
ISSN:2413-2829
2587-9251