In most legal jurisdictions, a financial institution is required to obtain a banking license before it is legally permitted to carry on a banking business. Besides other requirements, such a business is not permitted to contain in its name words such as bank, insurance, national, etc, unless it holds an appropriate license. Depending on banking regulations, jurisdictions may offer different types of banking licenses, such as:
Rostov Oblast is a federal subject of Russia, located in the Southern Federal District. The oblast has an area of 100,967 square kilometers (38,984 sq mi) and a population of 4,200,729, making it the sixth most populous federal subject in Russia. Its administrative center is the city of Rostov-on-Don, which also became the administrative center of the Southern Federal District in 2002.
Standard Chartered plc is a British multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East.
The Central Bank of the Russian Federation, which brands itself as Bank of Russia and is also commonly referred to in English as the Central Bank of Russia (CBR), is the central bank of the Russian Federation. The bank was established on July 13, 1990. It claims the legacy of the State Bank of the Russian Empire (1860-1920) and of the Soviet Gosbank (1921-1992), even though both institutions covered a significant larger territorial scope.
Gosbank was the central bank of the Soviet Union from 1922 to 1991 within the country's single-tier banking system. After an extended gap in 1920-1921, it took over the legacy of the State Bank of the Russian Empire. It was eventually terminated on 1 March 1992 following the dissolution of the Soviet Union, and its operations were taken over by the central banks of the successor countries, including the Central Bank of Russia, National Bank of Ukraine, National Bank of Kazakhstan, and others.
Banking regulation and supervision refers to a form of financial regulation which subjects banks to certain requirements, restrictions and guidelines, enforced by a financial regulatory authority generally referred to as banking supervisor, with semantic variations across jurisdictions. By and large, banking regulation and supervision aims at ensuring that banks are safe and sound and at fostering market transparency between banks and the individuals and corporations with whom they conduct business.
Free banking is a monetary arrangement where banks are free to issue their own paper currency (banknotes) while also being subject to no special regulations beyond those applicable to most enterprises.
The National Bank of Ukraine or NBU is the central bank of Ukraine – the government body responsible for a unified state policy in the field of the country's monetary circulation, including the strengthening of the national currency unit, the hryvnia. The National Bank of Ukraine employs over 12,000 people, making it one of the leading banks. It regulates and supervises activities, functions and the legal status of government and commercial banks based on the principles of the Constitution of Ukraine and the law of Ukraine.
The Central Bank of Azerbaijan is the central bank of Azerbaijan Republic. The headquarters of the bank is located in the capital city Baku.
Banking in Russia is subject to significant regulations as banks in the Russian Federation have to meet mandatory Russian legislation requirements, and comply with numerous Bank of Russia instructions and regulations.
VEB.RF, or VEB, is a Russian state development corporation and investment company. It was founded in 2007 as a development institute. It has financed more than 300 projects.
The New York State Banking Department was created by the New York Legislature on April 15, 1851, with a chief officer to be known as the Superintendent. The New York State Banking Department was the oldest bank regulatory agency in the United States.
The Ministry of Finance of the Russian Federation, also known as MinFin, is a ministry of the Government of Russia responsible for financial policy and general management in the field of finance.
Kwabena Duffuor was the Finance Minister of Ghana. He served as the governor of the Bank of Ghana. He was named as one of the four best Central Bank Governors in the World at an IMF/World Bank meeting in 1999. He is a Fellow of the Akuafo Hall, University of Ghana, and a Fellow of the Chartered Institute of Bankers.
The Riegle–Neal Interstate Banking and Branching Efficiency Act of 1994 (IBBEA) amended the laws governing federally chartered banks in order to restore the laws' competitiveness with the recently relaxed laws governing state-chartered banks. The goal was the return to a balance between the benefits of a state bank charter versus a federal bank charter. Among other notable changes, the Act stipulated that a federally chartered bank wishing to expand must first undergo a review of its Community Reinvestment Act compliance.
Ustaev Alexey Yakubovich - entrepreneur, financier and investor.
Born on April 12, 1960.
In 1988 he founded the first commercial bank in the history of modern Russia, "Viking".
Since 1984 worked in Lenhydroenergospetstroy, took part in the construction of complex of structures to protect the city from floods.
In 1987 commenced engagement in business activities, became director general of the Soviet-Swedish enterprise "Viking" and chairman of the cooperative "Vera".
1988 - 2014 - Chairman of the Management Board of "Viking" Bank. 2014 - 2023 - President, Member of the Board of Directors of First Russian Commercial bank "Viking".
Victor Halansky, is a Russian economist. He was executive manager in Bureau of the State Bank of the USSR in Leningrad; 1990-1996 – Chief Officer, Main Department of the Central Bank of the Russian Federation in Saint Petersburg. Since 2003 - Director of Saint Petersburg Banking School (college) of the Bank of Russia. Since 2000 - Chairman of the Board of Directors of Viking Bank.
Sergey Sergeevich Rodionov is a Russian publisher and banker. He was the founder, co-owner and CEO of Rodionov Publishing House until 2004. He was also the deputy chairman of the Central Bank of Russia in 1991. First wife- Svetlana Loschatova, chairman of Slaviansky bank, Moscow. Second wife- Olga Rodionova.
A single-tier banking system is a policy framework under which all credit institutions coexist without distinction about the quality of their liabilities, or in other words, there is no distinction between central bank money and broad money. This setting is generally associated with communist economic systems.
