ISSN 1995 - 1248
INCREASING TRUST TO BANKING SYSTEM AS KEY ELEMENT OF SOCIAL RESPONSIBILITY OF BUSINESS
N.P. Radkovskaya O.A. Kalanchina |
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nprad2@gmail.com oksana.kalanchina@bk.ru |
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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 |
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Gatchina St. Petersburg |
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Keywords: |
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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. |