Digitalization Of Banking Services Amid Of Institutional Reduction The Russian Banking System

Digitalization processes in the global economic and financial space affect all spheres of social life in different countries.The financial accessibility of society to basic banking services is no exception, which is expressed in the ability and opportunity to use the transactional channels of the banking system.In this case, multidirectional processes arise: on the one hand, the number of banking system organizations in the context of the digitization of the banking business is decreasing; on the other hand, the question arises how the level of financial accessibility is formed in such conditions.The Russian banking system has been experiencing institutional reduction in recent years, and under such conditions, the trends in the digitalization of financial accessibility, which have not been fully investigated, become relevant issues.This article aims to identify trends in the accessibility of the population to basic banking settlement and cash transactions in the context of the quantitative reduction of banking organizations in Russia.The results of the study show no negative impact of the reduction in the number of credit institutions on the number of banking transactions and their volume in monetary form, which indicates positive trends in the digitalization of banking services for the Russian population.