DESTABILIZING FACTORS AND THREATS TO ENSURE THE SUSTAINABILITY OF THE FORMATION OF THE FINANCIAL POTENTIAL OF THE CREDIT SYSTEM OF THE RUSSIAN FEDERATION

UDC 336.717.3
DOI: 10.36871/ek.up.p.r.2024.11.12.012

Authors

Roman V. Badylevich,
Candidate of Economic Sciences, Senior Researcher at the G.P. Luzin Institute of Economic Problems, a separate division of the Federal State Budgetary Educational Institution of the Federal Research Center of the Russian Academy of Sciences, Murmansk Region, Apatity, Russia
Elene A. Verbinenko,
Candidate of Economic Sciences, Leading Researcher at the G. P. Luzin Institute of Economic Problems, a separate division of the Federal State Budgetary Educational Institution of the Federal Research Center of the Russian Academy of Sciences, Murmansk Region, Apatity, Russia

Abstract

The article analyzes the features of the process of forming the financial base of the credit system of the Russian Federation and its individual components, as well as identifying the main factors determining these processes in conditions of modern instability and the emer-gence of permanent external and internal economic shocks. The study presents the dynamics of the total volume of customer funds attracted by the banking system, identifies the main factors that determine the deviations of the actual values of funds attracted from trend trajectories. The main periods during which the most significant deviations in the attraction of funds by the credit system from the trend were observed, as well as the degree of stability of individual components of the financial base of the banking system, are determined. Based on economic and statistical analysis, it has been established that at the moment the main risks of outflow of funds from the banking system are to a lesser extent due to decisions of fiscal authorities and are mainly related to the emergence and potential expectation of crisis phenomena. It is concluded that the deposits of legal entities are less stable compared to the funds raised by individuals.

Keywords

monetary policy, financial system, credit potential, banking system, attracted funds, deposit resources, financial stability, financial risks, economic shocks