Вестник Северо-Кавказского федерального университета (Mar 2022)
APPROACHES TO UNDERSTANDING TERMS «RELIABILITY», «STABILITY» AND «SUSTAINABILITY» OF COMMERCIAL BANKS AND THEIR COMPARATIVE CHARACTERISTICS
Abstract
The article deals with the concepts of financial «reliability», «stability» and «sustainability»from the point of view of legislation as well as economic theory. There is a lack of a unified approach to understanding these terms, as well as their main differences. Having analyzed the above concepts on various criteria, as well as from the point of view of the breadth of their application in economic science, author's interpretations of these concepts are given. Thus, the term (financial stability» has the greatest breadth of application, according to which its main characteristics are given and factors affecting the financial stability of a commercial bank are given.