Crisis Strategy of Credit Organization in Context of Ensuring Economic Security: Theoretical Aspect

The development of any state is closely connected with sustainability of its banking system. Credit organizations (commercial banks) are an important element of economy, as they process and store the major part of monetary means. That is why work and efficiency of commercial bank functioning attract attention both on the part of the public and on the part of state finance regulators. In conditions of global and local crises the most important task of the commercial bank is elaboration of effective crisis strategy that can ensure its finance stability during the crisis and at the same time foster successful overcoming of various risks in order to guarantee economic security. The research goal is to define the notion ‘crisis finance strategy of credit organization’, to identify on the theoretical level in-bank causes of crises and accompanying risks, to find methods of state impact on crisis in the banking sphere, like crises in different countries, and tools of crisis strategy, which could provide an adequate level of economic security of the credit organization.

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Publication Details

Journal
Vestnik of the Plekhanov Russian University of Economics
Published
2024-10-02
DOI
https://doi.org/10.21686/2413-2829-2024-5-89-101
Primary Topic
Banking stability, regulation, efficiency
Type
article
Field-Weighted Citation Impact
0.00
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article

Crisis Strategy of Credit Organization in Context of Ensuring Economic Security: Theoretical Aspect

Л. Н. Орлова, V. O. Odintsov
Vestnik of the Plekhanov Russian University of Economics
Banking stability, regulation, efficiency
article

Crisis Strategy of Credit Organization in Context of Ensuring Economic Security: Theoretical Aspect

Л. Н. Орлова, V. O. Odintsov
article en

Abstract

The development of any state is closely connected with sustainability of its banking system. Credit organizations (commercial banks) are an important element of economy, as they process and store the major part of monetary means. That is why work and efficiency of commercial bank functioning attract attention both on the part of the public and on the part of state finance regulators. In conditions of global and local crises the most important task of the commercial bank is elaboration of effective crisis strategy that can ensure its finance stability during the crisis and at the same time foster successful overcoming of various risks in order to guarantee economic security. The research goal is to define the notion ‘crisis finance strategy of credit organization’, to identify on the theoretical level in-bank causes of crises and accompanying risks, to find methods of state impact on crisis in the banking sphere, like crises in different countries, and tools of crisis strategy, which could provide an adequate level of economic security of the credit organization.

Vestnik of the Plekhanov Russian University of Economics(5)
Lomonosov Moscow State University (RU), Financial University (RU), Moscow State University (TJ)
Openalex Percentile: Top 77%
Banking stability, regulation, efficiency
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