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...
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Publishing House of the State University of Management
2020
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oai:doaj.org-article:1e445276411b409bb5d138d72f997a652021-12-03T07:43:31ZTHE INFLUENCE OF THE FINANCIAL & BANKING SECTOR ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE REGIONS1816-42772686-841510.26425/1816-4277-2019-12-173-180https://doaj.org/article/1e445276411b409bb5d138d72f997a652020-02-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/1947https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415The 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.A. V. MilenkovPublishing House of the State University of Managementarticlesocial and economic developmentsocial and economic sphereinvestment financinginvestment sourcesfinancial and banking sectorfinancial sector functionslong-term lendingregional banksSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 1, Iss 12, Pp 173-180 (2020) |
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DOAJ |
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social and economic development social and economic sphere investment financing investment sources financial and banking sector financial sector functions long-term lending regional banks Sociology (General) HM401-1281 Economics as a science HB71-74 |
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social and economic development social and economic sphere investment financing investment sources financial and banking sector financial sector functions long-term lending regional banks Sociology (General) HM401-1281 Economics as a science HB71-74 A. V. Milenkov THE INFLUENCE OF THE FINANCIAL & BANKING SECTOR ON THE SOCIO-ECONOMIC DEVELOPMENT OF THE REGIONS |
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 |
author |
A. V. Milenkov |
author_facet |
A. V. Milenkov |
author_sort |
A. V. Milenkov |
title |
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_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_sort |
influence of the financial & banking sector on the socio-economic development of the regions |
publisher |
Publishing House of the State University of Management |
publishDate |
2020 |
url |
https://doaj.org/article/1e445276411b409bb5d138d72f997a65 |
work_keys_str_mv |
AT avmilenkov theinfluenceofthefinancialbankingsectoronthesocioeconomicdevelopmentoftheregions AT avmilenkov influenceofthefinancialbankingsectoronthesocioeconomicdevelopmentoftheregions |
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1718373498857979904 |