Верхнее меню

INCREASING TRUST TO BANKING SYSTEM AS KEY ELEMENT OF SOCIAL RESPONSIBILITY OF BUSINESS



N.P. Radkovskaya
O.A. Kalanchina
nprad2@gmail.com
oksana.kalanchina@bk.ru
professor, the Department of Finance and Credit, the State Institute of Economics, Finance, Law and Technology, Doctor of Economics, professor
postgraduate student, the Department of Banks, Financial Markets and Insurance, St. Petersburg State University of Economics
Gatchina
St. Petersburg

Keywords:

  • public trust
  • bankruptcy risk reduction
  • digital banking
  • socially responsible activity of banks
  • recovery of banking sector
  • regulatory risk
  • license withdrawal
  • We analyze factors of increasing public trust to the Russian banking system. We consider the risks resulting in the license withdrawal and effective ways to reduce them. We substantiate the idea that reducing the risk of a bank failure increases the public trust and makes banks socially responsible at least as far as economic and legal responsibilities are concerned.

    188300 Russia, Leningrad region, Gatchina, st. Roshchinskaya, 5