The Fundamental Goals and Principles of Sustainable Development of a Commercial Bank

Nadezhda Semenova, Anastasia Vasilkina

2021

Abstract

Globalization, increased international competition, digital transformation have a significant impact on the functioning of commercial banks. At the same time, the stability of banks is the most important parameter for the development of the country's banking system. Under the influence of various endogenous and exogenous factors on the activities of banks, the time lag in which a credit institution can be in a relatively static, stable state is reduced. In this regard, the issues of ensuring the stability of the bank acquire particular relevance, which requires the development of appropriate theoretical and methodological provisions. The authors substantiated the fundamental principles of sustainable development of a commercial bank, taking into account the components of the concept of sustainable development: economic, social, environmental and institutional. Also, in accordance with the main goals within the framework of the four components of goalsetting, theoretical and methodological principles of sustainable development of a commercial bank are proposed.

Paper Citation

in Harvard Style

Semenova N. and Vasilkina A. (2021). The Fundamental Goals and Principles of Sustainable Development of a Commercial Bank. In Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - Volume 1: ISSDRI, ISBN 978-989-758-519-7, pages 345-350. DOI: 10.5220/0010590403450350

in Bibtex Style

@conference{issdri21,
author={Nadezhda Semenova and Anastasia Vasilkina},
title={The Fundamental Goals and Principles of Sustainable Development of a Commercial Bank},
booktitle={Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - Volume 1: ISSDRI,},
year={2021},
pages={345-350},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010590403450350},
isbn={978-989-758-519-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - Volume 1: ISSDRI,
TI - The Fundamental Goals and Principles of Sustainable Development of a Commercial Bank
SN - 978-989-758-519-7
AU - Semenova N.
AU - Vasilkina A.
PY - 2021
SP - 345
EP - 350
DO - 10.5220/0010590403450350