Current risks and development prospects of the banking sector in the Russian Federation

The article substantiates the relevance of the development of the banking sector in the Russian Federation in the context of sanctions and a high key rate. The purpose of writing this article is to study the main risks of the banking sector, such as credit, legal, market risks, the risk of withdrawal of deposits, the risk of high competition. In the context of the identified risks to the development of the banking sector, the need to develop state support is becoming more urgent, among which it is necessary to consider methods of tax regulation of banking activities in the form of tax incentives provided. When writing the article, methodological approaches of neoclassical and neoinstitutional theory were used. The methods used in the scientific article are analysis, synthesis, systematization, comparative analysis. The analysis conducted allowed us to identify promising areas for the development of the banking sector of the Russian Federation, including: digitalization of banking services, creation of an ecosystem and expansion of the package of services provided, development of remote service channels clients, using artificial intelligence to generate personalized offers for clients. The main areas of tax incentives for the banking sector in the Russian Federation are to develop the stimulating role of tax benefits, giving them a targeted nature.