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Role of financial innovations in formation of competitive advantages of commercial banks in Russia


Tamara Gadisova, Oksana Fendich, Vladimir Sinov
(about the authors)

Gadisova Tamara Malikovna – Scientific Worker, Dagestan State University, Scientific and Educational Center «Innovative Technologies in Management»

Fendich Oksana Sergeevna – Cand. of Soc. Sci., Associate Professor, Chair of Economy of Product Markets, Tyumen State Oil and Gas University

Sinov Vladimir Vasilyevich – Cand. of Econ. Sci., Professor, Saint Petersburg State University of Economics and Finance “New Literacy” of XXI century

Published in:
Creative Economy
– № 9 / September, 2011



Keywords: bank products, bank services, commercial banks, competition, competitiveness, financial innovations, innovative activity, investment


Citation:
Tamara Gadisova, Oksana Fendich, Vladimir Sinov (2011). Role of financial innovations in formation of competitive advantages of commercial banks in Russia. Creative Economy, 5(9), 127-131. — url: http://bgscience.ru/com/lib/681


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Abstract:

The paper gives characteristics of bank sector in Russia on the modern stage of innovative economy development. The author considers issues of financial innovations implementation in activity of commercial banks as competitive advantage of commercial banks in conditions of market competition.








References:
1. Borisov A.B. Bolshoy ekonomicheskiy slovar. – M.: Knizhnyy mir, 2003.
2. Samsonova E.K. Formirovanie i razvitie konkurentnoy sredy na rynke bankovskikh uslug Rossii: problemy i perspektivy // Finansy i kredit. – 2007. – № 29.
3. Utkin E.A., Morozova G.I., Morozova N.I. Novovve deniya v bankovskom biznese Rossii. – M.: Finansy i statistika, 1998.
4. Davis. S. Excellence in Banking. – N.-Y., 1985.

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