Financial Analytics: Science and Experience

Regional banks: Historical experience and modernity

Vol. 10, Iss. 8, AUGUST 2017

Received: 21 March 2017

Received in revised form: 1 June 2017

Accepted: 15 June 2017

Available online: 15 August 2017

Subject Heading: SCHOLAR DISPUTE

JEL Classification: G21

Pages: 954–968

Zver'kova T.N. Orenburg State University, Orenburg, Russian Federation

Importance The paper studies the problems of regional banks' development and the role of regional banks. Several initiatives were put forward from identification of a regional bank as an independent type of bank and to creation of a multi-level system of banks with basic licenses.
Objectives The paper aims to consider the place and role of regional banks in the development of regional economies on the basis of a comparison of the historical stages of their development.
Methods For the research, I used a comparative-historical method and an analysis of statistical data.
Results The paper determines an urgent problem of creation of a multi-level banking system and examines the development of Russian city public banks, which are the prototypes of modern regional credit organizations.
Conclusions The legislative approach to bank division depending on the capital stock does not create a new banking structure. The creation of a multi-level banking system is still a topical problem. In determining the status of a regional bank, not only should the optimum size of capital and the list of operations be considered, but legislate approaches to the strategies and business models implemented by such banks, as well.

Keywords: bank, regional, law, city public bank


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