The main aspects of the activities of banks, problems in the conditions of the global economy

Аннотация

In the conditions of the global economy, an increasing flow of new financial products and technological innovations in the development of a banking system, the need to survive in a face of a fierce interbank competition, and constant changes in the financial services market force banks to deeply consider their areas of activity. Among them, especially new, modern technologies.

Banks should create management systems that take into account all factors affecting a bank, meaning that banking management should be based on a systematic, integrated approach that considers a banking organization not only as a complex system with its internal organizational structure but also as an economic unit, based on which is influenced by a lot of external factors and, which is an integral part of the larger economic and social systems.