Methodological approach to the macroeconomic analysis of the banking system
Abstract. At the present stage of its development, the Russian banking system is facing a lot of internal and external problems that can potentially reduce its financial stability and independence (especially in the last couple of years). The banking sector has successfully resisted prohibitive sanctions, some of which were fundamentally aimed specifically at this part of the country`s financial market. Since the very beginning of the introduction of package sanctions against Russia, restrictions have been imposed on a regular basis in relation to the activities of many commercial banks, which act as key links in the banking sector. In this regard, it is especially important to regularly analyze the current state of the banking system in dynamics. In the article, the author examines various methodological approaches to assessing the state of the banking system. In the process of research, the banking system is presented as a set of elements that require both a separate analysis of each of them and an assessment of the existing links between them. This study also analyzes the macroeconomic indicators of the banking sector of the Russian Federation for the previous five years, which makes it possible to formulate the existing development trends and prospects quite effectively.
Keywords: banking system, macroeconomic analysis, methodological approach, commercial banks, financial stability, Bank of Russia, regulator, macroeconomic indicators.
Highlights:
♦ the methodological approach to the macroeconomic analysis of the banking system provides two areas for assessment: the banking system as a set of independent elements and the banking system as a set of interrelated elements;
♦ the analysis of macroeconomic indicators of the country`s banking sector has been carried out;
♦ the banking sector operates under severe sanctions pressure, successfully adapting to emerging challenges.
Olesya A. Sinichenko - Taganrog Institute of Management and Economics, Taganrog, Russia