Problems and prospects of development of the international banking business in the conditions of globalization of economy
Authors
Andrei Mamedov, Vera Batova, Alexander Pavlov, Lyubov Vinnichek, Natalia Yudaeva
Corresponding Author
Andrei Mamedov
Available Online August 2019.
- DOI
- 10.2991/ispcbc-19.2019.98How to use a DOI?
- Keywords
- globalization, international economic integration, Basel Committee, banking
- Abstract
The process of economic globalization has created a new environment for the functioning of the financial sector. Modern banks were beyond traditional credit and deposit operations and have established their presence practically at all segments of the financial system. To stabilize the international banking business, an integrated regulatory framework is needed. The authors analyzed the legal regulations of international banking, and identified a number of problems.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Andrei Mamedov AU - Vera Batova AU - Alexander Pavlov AU - Lyubov Vinnichek AU - Natalia Yudaeva PY - 2019/08 DA - 2019/08 TI - Problems and prospects of development of the international banking business in the conditions of globalization of economy BT - Proceedings of the International Scientific-Practical Conference “Business Cooperation as a Resource of Sustainable Economic Development and Investment Attraction” (ISPCBC 2019) PB - Atlantis Press SP - 233 EP - 236 SN - 2352-5428 UR - https://doi.org/10.2991/ispcbc-19.2019.98 DO - 10.2991/ispcbc-19.2019.98 ID - Mamedov2019/08 ER -