Open AccessDevelopment of Banking Activities in Emerging Market Economy Countries
Author(s) -
Нарангуа Отгонтугс
Publication year - 2021
Publication title -
review of business and economics studies
Language(s) - English
Resource type - Journals
eISSN - 2311-0279
pISSN - 2308-944X
DOI - 10.26794/2308-944x-2020-8-2-26-42
Subject(s) - emerging markets , profitability index , business , competition (biology) , financial stability , financial system , economy , market economy , economics , finance , ecology , biology
This paper aims to understand the development of banking activities in emerging market economies not only for evaluating the impact of them for encouraging emerging economies’ growth, but also establish the overall effect of these processes to the global financial market. The object of study is the banking activities of emerging market economies, and the subject is the impact of banking activities development on the economic growth of emerging market economies. The author substantiated the thesis that for emerging market economies’ financial development should be examined in terms of banking stability, competition, and economic growth. The author also reveals specific characteristics that distinguish banking activities of emerging market economies from developed countries by evaluation of bank performance using criteria of stability, profitability, and efficiency.