Modern Aspects of Financial Recovery of the Russian Credit Institutions

Natalia N. Mokeeva –Candidate of Economic Sciences, Ass. Prof. of Finance, Money Circulation and Credit Department, Ural Federal University named after the First President of Russia B. N. Yeltsin (Yekaterinburg), Dariya S. Popova –fourth-year Bachelor’s student, Business and Management Department, Liberal Arts University – University for Humanities (Yekaterinburg
Year: 2020
DOI:
UDK: 336.71
Pages: 11-19
Language: russian
Section: Economics
Keywords: bankruptcy, sanitation, financial recovery, ACB, Banking Sector Consolidation Fund (BSCF), the Bank of Russia
Abstract
The article considers two mechanisms to restore the financial health of credit institutions being realized at the current stage of Russia’s banking system. The authors characterized a new mechanism of sanitation through the Fund of Banking Sector Consolidation by the example of Otkritie Bank. The authors also revealed the problems of the existing sanitation mechanisms and offered indicative ways of addressing them.
License: