Kazan (Volga region) Federal University, KFU
KAZAN
FEDERAL UNIVERSITY
 
EFFICIENCY AND PROSPECTS OF DEVELOPMENT BANKS IN RUSSIA
Form of presentationArticles in international journals and collections
Year of publication2018
Языканглийский
  • Kirshin Igor Aleksandrovich, author
  • Mironova Margarita Davydovna, author
  • Pan Te , postgraduate kfu
  • Bibliographic description in the original language Mironova, Margarita D.; EFFICIENCY AND PROSPECTS OF DEVELOPMENT BANKS IN RUSSIA / Mironova, Margarita D.; Kirshin, Igor A.; Pang, Te // IIOAB JOURNAL . Tom: 9. Stranicy: 44 - 49
    Annotation This paper has identified the goals and objectives of development banks, generalizing and systematizing the economic, social and ecological efficiency indicators inherent in development banks in the current environment. In order to perform the research, the authors of this article have used structural, comparative and statistical analysis techniques. This paper presents a model developed based on the double-criteria analysis of the balanced scorecard system of development banks in China, Russia, Canada and Brazil. The research has shown that the activities of the Bank for Development and Foreign Economic Affairs (VEB), despite the high emphasis on project development and the activity in lending and providing investment funds to their agent banks, do not generate the needed social effect in comparison to the activities of development banks in other countries. This paper also explores the content and risk factors for development banks. The main ones are insufficiency of capital and unilaterality in concentrations of funds, lack of flexibility in the economic mechanism and lack of the necessary regulatory framework. This article's materials are of practical value to professionals in the banking field, the corporate management in development banks, investors interested in minimizing or fully avoiding industry-specific risks and increasing the financial sustainability of development banks.
    Keywords development banks, investments, social-and-economic effect
    The name of the journal IIOAB JOURNAL
    Please use this ID to quote from or refer to the card https://repository.kpfu.ru/eng/?p_id=198631&p_lang=2

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