Contents and principles of stability of the banking system
The main approaches to understanding the essence of “stability of banking system” are conducted in the article. The basic principles are also given, inherent in a stable banking system. Further, the main factors affecting the stability of the banking system are considered. The article determined the...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Peoples’ Friendship University of Russia (RUDN University)
2019-12-01
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| Series: | RUDN Journal of Economics |
| Subjects: | |
| Online Access: | http://journals.rudn.ru/economics/article/viewFile/21301/17030 |
| _version_ | 1818893252047142912 |
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| author | Hadir H. Shubbar Andrey V. Guirinsky |
| author_facet | Hadir H. Shubbar Andrey V. Guirinsky |
| author_sort | Hadir H. Shubbar |
| collection | DOAJ |
| description | The main approaches to understanding the essence of “stability of banking system” are conducted in the article. The basic principles are also given, inherent in a stable banking system. Further, the main factors affecting the stability of the banking system are considered. The article determined the components of ensuring the assessment of the bank’s financial stability. The basic principles of effective banking supervision are the actual minimum standard for prudent regulation and supervision of banks and banking systems. Initially issued by the Basel Committee on Banking Supervision in 1997, they are used by countries as a guide to assess the quality of their surveillance systems and to determine future work towards achieving a basic level of rational oversight practices. The core principles are also used by the International Monetary Fund (IMF) and the World Bank in the context of the Financial Sector Assessment Program (FSAP) to assess the effectiveness of banking supervisory systems and country practices. |
| first_indexed | 2024-12-19T18:09:38Z |
| format | Article |
| id | doaj.art-506b66883d9448dca66fc5c9b2f9d165 |
| institution | Directory Open Access Journal |
| issn | 2313-2329 2408-8986 |
| language | English |
| last_indexed | 2024-12-19T18:09:38Z |
| publishDate | 2019-12-01 |
| publisher | Peoples’ Friendship University of Russia (RUDN University) |
| record_format | Article |
| series | RUDN Journal of Economics |
| spelling | doaj.art-506b66883d9448dca66fc5c9b2f9d1652022-12-21T20:11:21ZengPeoples’ Friendship University of Russia (RUDN University)RUDN Journal of Economics2313-23292408-89862019-12-01271637110.22363/2313-2329-2019-27-1-63-7117698Contents and principles of stability of the banking systemHadir H. Shubbar0Andrey V. Guirinsky1Peoples’ Friendship University of Russia (RUDN University)Peoples’ Friendship University of Russia (RUDN University)The main approaches to understanding the essence of “stability of banking system” are conducted in the article. The basic principles are also given, inherent in a stable banking system. Further, the main factors affecting the stability of the banking system are considered. The article determined the components of ensuring the assessment of the bank’s financial stability. The basic principles of effective banking supervision are the actual minimum standard for prudent regulation and supervision of banks and banking systems. Initially issued by the Basel Committee on Banking Supervision in 1997, they are used by countries as a guide to assess the quality of their surveillance systems and to determine future work towards achieving a basic level of rational oversight practices. The core principles are also used by the International Monetary Fund (IMF) and the World Bank in the context of the Financial Sector Assessment Program (FSAP) to assess the effectiveness of banking supervisory systems and country practices.http://journals.rudn.ru/economics/article/viewFile/21301/17030stabilitybanking systemCentral Bankprinciples of stability of the banking systemfinancial conditionpublic trust |
| spellingShingle | Hadir H. Shubbar Andrey V. Guirinsky Contents and principles of stability of the banking system RUDN Journal of Economics stability banking system Central Bank principles of stability of the banking system financial condition public trust |
| title | Contents and principles of stability of the banking system |
| title_full | Contents and principles of stability of the banking system |
| title_fullStr | Contents and principles of stability of the banking system |
| title_full_unstemmed | Contents and principles of stability of the banking system |
| title_short | Contents and principles of stability of the banking system |
| title_sort | contents and principles of stability of the banking system |
| topic | stability banking system Central Bank principles of stability of the banking system financial condition public trust |
| url | http://journals.rudn.ru/economics/article/viewFile/21301/17030 |
| work_keys_str_mv | AT hadirhshubbar contentsandprinciplesofstabilityofthebankingsystem AT andreyvguirinsky contentsandprinciplesofstabilityofthebankingsystem |