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Regional bank's development strategy in the competitive context

Author

Listed:
  • Kuznetsov, V.

    (Moscow State University of Economics and Statistics)

  • Mikhailova, M.

    (OOO KB NВ Bank, Yakutsk Branch)

Abstract

Today much attention is paid to the issues connected with the business' (including the loan organizations') competitiveness level improvement. The general trend that is typically found at the modern banking services market is the sustainable growth in the number of services rendered by the banks that participate in the inter-bank competition. In view of the above, it is especially important to form the regional bank development strategy. The author tries to explore a number of issues connected with the regional banks' strategy development in an environment where the country financial center large banks' branch regional network is growing fast. The author takes Yakut Republic as an example. First of all, the large banks' branches are emerging in the regions that have rich mineral wealth deposits.

Suggested Citation

  • Kuznetsov, V. & Mikhailova, M., 2008. "Regional bank's development strategy in the competitive context," Journal of Modern Competition, Synergy University, issue 6, pages 92-96.
    • Handle: RePEc:snr:mdrcmp:y:2008:i:6:p:92-96
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