Formation of principles of management development of banking business

Abstract

Introduction.  At the present stage of economic development structural changes affect the management system of the banking business.  Restructuring of the global and domestic economy, increasing of globalization processes have fundamentally changed the system of functioning of domestic banks. The  influence of social and political factors on the activity of banking institutions have increased.  In these conditions the effective functioning of the bank has become the main purpose of its activity. The investigation of principles of development of the banking business has become the main objective of the bank management.

Purpose. The goal of the article is the formation and foundation of the principles of banking business management development.

The method (methodology). In this paper we have used various methods of theoretical and empirical research, namely the systematic method, method of comparison and abstraction, method of synthesis and tabular method.

Results. We have analyzed different scientific approaches to the formation of guidelines banking business, principles of business and principles of business management. On the basis of this analysis the principles of effective development of the banking business and management development of banking business have been formed.