THE INFLUENCE OF THE FINANCIAL & BANKING SECTOR ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE REGIONS
The factors of influence of the financial and banking sector on the processes of development of the socio-economic sphere of the regions have been generalized theoretically. Long-term lending (capital loan investment) has been allocated as a fundamentally important factor influencing the development...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Publishing House of the State University of Management
2020-02-01
|
| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/1947 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832541808083599360 |
|---|---|
| author | A. V. Milenkov |
| author_facet | A. V. Milenkov |
| author_sort | A. V. Milenkov |
| collection | DOAJ |
| description | The factors of influence of the financial and banking sector on the processes of development of the socio-economic sphere of the regions have been generalized theoretically. Long-term lending (capital loan investment) has been allocated as a fundamentally important factor influencing the development of the economic complex and positive changes in the socio-economic sphere of the region as a whole. The available data on sources of financing of investments in fixed capital of organizations of non-financial sector have been analyzed. The impact on the socio-economic development of regions, which has the implementation of such banking functions as payment and settlement function, lending to the population, Deposit (saving function), the function of currency operations, has been considered. An assessment of a number of negative factors, that had an impact on the development of the financial and banking sector of the country in recent years, has been given. |
| format | Article |
| id | doaj-art-1e445276411b409bb5d138d72f997a65 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2020-02-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-1e445276411b409bb5d138d72f997a652025-02-04T08:28:02ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152020-02-0111217318010.26425/1816-4277-2019-12-173-1801588THE INFLUENCE OF THE FINANCIAL & BANKING SECTOR ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE REGIONSA. V. Milenkov0Russian Academy of EntrepreneurshipThe factors of influence of the financial and banking sector on the processes of development of the socio-economic sphere of the regions have been generalized theoretically. Long-term lending (capital loan investment) has been allocated as a fundamentally important factor influencing the development of the economic complex and positive changes in the socio-economic sphere of the region as a whole. The available data on sources of financing of investments in fixed capital of organizations of non-financial sector have been analyzed. The impact on the socio-economic development of regions, which has the implementation of such banking functions as payment and settlement function, lending to the population, Deposit (saving function), the function of currency operations, has been considered. An assessment of a number of negative factors, that had an impact on the development of the financial and banking sector of the country in recent years, has been given.https://vestnik.guu.ru/jour/article/view/1947social and economic developmentsocial and economic sphereinvestment financinginvestment sourcesfinancial and banking sectorfinancial sector functionslong-term lendingregional banks |
| spellingShingle | A. V. Milenkov THE INFLUENCE OF THE FINANCIAL & BANKING SECTOR ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE REGIONS Вестник университета social and economic development social and economic sphere investment financing investment sources financial and banking sector financial sector functions long-term lending regional banks |
| title | THE INFLUENCE OF THE FINANCIAL & BANKING SECTOR ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE REGIONS |
| title_full | THE INFLUENCE OF THE FINANCIAL & BANKING SECTOR ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE REGIONS |
| title_fullStr | THE INFLUENCE OF THE FINANCIAL & BANKING SECTOR ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE REGIONS |
| title_full_unstemmed | THE INFLUENCE OF THE FINANCIAL & BANKING SECTOR ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE REGIONS |
| title_short | THE INFLUENCE OF THE FINANCIAL & BANKING SECTOR ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE REGIONS |
| title_sort | influence of the financial banking sector on the socio economic development of the regions |
| topic | social and economic development social and economic sphere investment financing investment sources financial and banking sector financial sector functions long-term lending regional banks |
| url | https://vestnik.guu.ru/jour/article/view/1947 |
| work_keys_str_mv | AT avmilenkov theinfluenceofthefinancialbankingsectoronthesocioeconomicdevelopmentoftheregions AT avmilenkov influenceofthefinancialbankingsectoronthesocioeconomicdevelopmentoftheregions |