Abstract
The paper focuses on the importance of financial forecasting to ensure the stabilization of the banking business. The purpose of the research was to develop recommendations for improving financial performance forecasts as the basis for ensuring the stable position of banks on the market. The relevance of the subject concerned is in line with the general trend in the Russian banking system activities under the current economic conditions that require prediction of certain financial indicators. To this end, an empirical model of forecasting the financial performance of banks is presented based on the panel regression in the Statistica program. The study identifies factors that affect the bank performance, particularly, the profit before tax indicator. On their basis, a model is constructed that describes the performance dynamics of many banks. It is concluded that the stable situation on the Russian banking market is continuing.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.