Konvergencija kao razvojna tendencija u funkcionisanju bankarskih i nebankarskih finansijskih institucija
Nestorov, Valentina D.
Faculty:Универзитет у Нишу, Економски факултет
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In recent decades, developed countries are characterized by numerous changes in the banking industry. Specifically, there was the emergence of new trends. Permanent trend of ''Creating new banking products'',as a result of the requirements and wishes of consumers, but also increased competition between banks and non-banking financial institutions. Due to increased competition banks have lost a significant share of the financial market. Due to the new situation, banks increasingly, within its banking products, include newer products, or services, in order to counter the competition of nonbanking financial institutions. In this way, many banks are engaging in highrisk zone, which, if not guided properly can endanger the bank. The achievements of modern information technologies and their practical application have significantly changed the world of banking, which no longer resembles the traditional banking that existed twenty years ago. The boundaries between banking and other
financial institutions are thinner. Deregulation and liberalization of financial operations, as well as the development of financial markets, allows non-banking financial institutions to perform activities that were reserved for banks, and the banks are entering into new areas and activities in order to maintain their presence in the market. Due to the increased deregulation of the banking sector, there is a concentration of banks and the globalization of the world economy, which was a prerequisite for numerous fusion (interbank, merger) banks. Revealed processes of deregulation, competition, globalization, information technology progress and diversification of business risk, led to the rapid development of non-banking operations of banks, primarily in western countries, where these processes are most developed, but also in countries in transition as they embarked on social and economic reformsView More
Keywords:Razvojne tendencije u bankarstvu, poslovi nebankarskih institucija, sinergetski efekti, nivo konvergencije; development tendencies-banking transactions, banking institutions, synergy effects, the level of convergence