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Guarantee Schemes at Insurance Sector and the Bank Sphere Interaction

Author

Listed:
  • Oleg D. Averchenko

    (Plekhanov Russian University of Economics, Russia)

Abstract

Recently the topic of use of guarantee schemes for financial services consumer protection under the interaction of insurance sector and the bank sphere development has become very relevant. In Russia the proper attention to similar schemes of financial services consumer protection and increase of trust to the financial market is not paid. The aim of this article is the research and development of suggestions for improvement of the mechanism of guarantee schemes of protection of consumers of financial services under the interaction of insurance sector and the bank sphere. With the help of methods of the analysis, logical generalization and also the analysis of foreign experience the author develops the possible improvements of the mechanism of guarantee schemes of financial services consumers protection under interaction of insurance sector and the bank sphere in Russia.

Suggested Citation

  • Oleg D. Averchenko, 2016. "Guarantee Schemes at Insurance Sector and the Bank Sphere Interaction," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 4, pages 108-113, August.
    • Handle: RePEc:fru:finjrn:160412:p:108-113
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    More about this item

    Keywords

    guarantee schemes; integration; bank; insurance company; insurance sector; bank sphere;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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