UDC 336.71
DOI: 10.36871/ek.up.p.r.2024.09.13.010
Authors
Larisa A. Aguzarova,
Doctor of Economics, Professor of the Department of Finance, Accounting and Taxation,
North-Ossetian State University named after K. L. Khetagurov
Alan Dz. Tibilov,
Postgraduate student of 2 years of study in the field of 5.2.4 Finance. North-Ossetian State
University named after K. L. Khetagurov
Abstract
The article analyzes the functioning and efficiency of the modern banking system in Russia under the increasing influence of digitalization, geopolitical factors, and global economic challenges. Key indicators such as asset dynamics, profitability, liquidity, and the resilience of banking organizations are examined. Special attention is given to the role of the Central Bank of Russia in ensuring the sector's stability and developing new regulatory measures. The study evaluates the impact of digital technologies and innovative financial tools on the development of banking services and their accessibility. Problems faced by small and mediumsized banks, including the need to adapt to evolving market requirements, are also addressed. Based on the analysis, practical recommendations are proposed to enhance the competitiveness of the Russian banking sector, strengthen its resilience to external shocks, and improve service quality.
Keywords
banking system, Russia, efficiency, digital technologies, economic stability, competitiveness, lending, financial risks, small business, innovations
