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Kurenkov D.

Credit market of the Chuvash Republic and prospects of its development

Keywords: credit market, adaptation, a credit institution, assets, credit, debt arrears, growth

Current economic situation in the Chuvash Republic and its adaptation to the crisis are analyzed. The causes for reduction in the number of credit organizations in the region are established. The article determines the influence of innovative banking development through active introduction of client relations practice by all оmnichannel directions: Internet banking, ATMs, mobile apps, etc., as well as market "penetration" by credit services of numerous startups. The analysis of change in assets of credit institutions registered in the Chuvash Republic as a result of improved macroeconomic indicators of socio-economic development of the Chuvash Republic is performed.Surplus liquidity of credit institutions is defined, volumes of loans, deposits and other funds placed in rubles and foreign currency by credit institutions registered in the Chuvash Republic are analyzed as well. Reserves of loan growth in the region are revealed. The reasons for decrease in overdue arrears of loans, deposits and other funds placed by credit organizations are analyzed. The conditions and prospects of loan growth in the Chuvash Republic by category of loans are determined.

References

  1. Kurenkov D.V. Voprosy formirovaniya effektivnogo fondovogo rynka v Rossii: teoriya i praktika [Problems of formation of effective stock market in Russia: theory and practice]. Vestnik Rossiiskogo universiteta kooperatsii [Bulletin of the Russian University of cooperation], 2012, no. 3(9), pp. 40–43.
  2. Kurenkov D.V. Model’ ustoichivogo ekonomicheskogo rosta [A Model of sustainable economic growth]. Aktual’nye problemy ekonomicheskoi teorii i regional’noi ekonomiki [Actual problems of economic theory and regional economy], 2015, no. 1(17), pp. 61–66.
  3. Kurenkov D.V., Vladimirova I.Yu., Gurova S.Yu. Bankovskaya sistema v usloviyakh modernizatsii ekonomiki [The Banking system in the conditions of economy modernization]. Vestnik Rossiiskogo universiteta kooperatsii [Bulletin of the Russian University of cooperation], 2011, no. 1(6), pp. 42–46.
  4. Ministerstvo ekonomicheskogo razvitiya, promyshlennosti i torgovli Chuvashskoi Respubliki: ofits. sait [The Ministry of economic development, industry and trade of the Chuvash Republic:]. Available at: gov.cap.ru>?gov_id=24.
  5. Tsentral’nyi bank RF: ofits. sait [The Central Bank of the Russian Federation: site]. Available at: http//www/cbr. EN.

About authors

Kurenkov Dmitry
candidate of economics, finance, credit and economic security department associate professor, Chuvash State University, Russia, Cheboksary (kurenkovdmitry@yandex.ru; )

Article link

Kurenkov D. Credit market of the Chuvash Republic and prospects of its development [Electronic resource] // Oeconomia et Jus. – 2017. – №3. P. 17-22. – URL: http://oecomia-et-jus.ru/en/single/2017/3/2/.