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Crisis Strategy of Credit Organization in Context of Ensuring Economic Security: Theoretical Aspect

https://doi.org/10.21686/2413-2829-2024-5-89-101

Abstract

The development of any state is closely connected with sustainability of its banking system. Credit organizations (commercial banks) are an important element of economy, as they process and store the major part of monetary means. That is why work and efficiency of commercial bank functioning attract attention both on the part of the public and on the part of state finance regulators. In conditions of global and local crises the most important task of the commercial bank is elaboration of effective crisis strategy that can ensure its finance stability during the crisis and at the same time foster successful overcoming of various risks in order to guarantee economic security. The research goal is to define the notion ‘crisis finance strategy of credit organization’, to identify on the theoretical level in-bank causes of crises and accompanying risks, to find methods of state impact on crisis in the banking sphere, like crises in different countries, and tools of crisis strategy, which could provide an adequate level of economic security of the credit organization.

About the Authors

L. N. Orlova
Lomonosov Moscow State University
Russian Federation

Lyubov Nikolaevna Orlova Doctor of Economics, Professor, Professor of Department for Economics of Innovative Development of the Faculty of Public Administration

46 building, 1 Leninskie gory, Moscow, 119991



V. O. Odintsov
Financial University under the Government of the Russian Federation
Russian Federation

Vladislav O. Odintsov Post-Graduate Student of the Department for Economic Security and Risk Management

49/2 Leningradskiy Avenue, Moscow, 125167



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For citations:


Orlova L.N., Odintsov V.O. Crisis Strategy of Credit Organization in Context of Ensuring Economic Security: Theoretical Aspect. Vestnik of the Plekhanov Russian University of Economics. 2024;(5):89-101. (In Russ.) https://doi.org/10.21686/2413-2829-2024-5-89-101

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