MODERN PROBLEMS AND TENDENCIES OF DEVELOPMENT OF BANK BUSINESS IN RUSSIA

The brief scheme of development of the modern financial banking system of Russia is given in the article, its structural features and tendencies of further development are described. The sanctions entered by the West against the Russian Federation are analyzed, as well as the consequences to the Russian economics and its banking sector. The role of the RF Central Bank as «mega-regulator» of the Russian economics in the conditions of strengthening of globalization was underlined, which contributes to development of the greater competition between financial structures and to significant change of the entire banking system in the world. One more direction of concern is awareness of the need of creation of the national payment system. In total, the measures listed in article shall have positive effect on all areas of life of the country, as well as increasing independence and stability of economics as a whole and the banking sector in particular.

banking system, monetary and credit system, monetary system, globalization, financial legislation, foreign policy influence, competitiveness, crisis situation, long-term rating, national payment system