It is necessary to understand economic process of interaction, interrelation and rivalry as a bank competition between the credit organisations with a view of maintenance of the best possibilities of realisation of bank products and services, it is maximum fuller satisfaction of various requirements of clients and reception of the greatest profit in the given conditions. The competitive position is a position with which this or that bank occupies on commodity markets according to results of the activity, and also according to the advantages and lacks in comparison with other credit institutes. Creation of conditions for competition development in the market of bank services is one of key factors of effective realisation of the constitutional principle of unity of economic space and free moving of financial services. The competition induces to effective actions in the market, forcing to offer clients wider assortment of products and services in more attractive prices and better quality that, in turn, promotes increase of a production efficiency and redistribution of economic resources. At a writing of a term paper the object in view was the author, to study the market of bank services in aspect of a bank competition.
According to the purpose the author had been put following problems:
1) to Study that includes concept «a bank competition»;
2) to Study modern features and laws of a bank competition;
3) to Estimate a current state of banks in the Russian Federation;
4) to Reveal problems of a bank competition at the present stage and a way of their decision.
CONCEPT, MODERN FEATURES AND LAWS OF A BANK COMPETITION
Of a general view can be defined a competition as rivalry of the market subjects interested in achievement of the same purpose. Such market subjects are either sellers, or buyers. Characteristic signs of a competition the following:
• Existence of the markets with alternative possibilities of a choice for buyers (sellers). •...