MODERN TRENDS AND PROSPECTS FOR THE DEVELOPMENT OF RUSSIAN COMMERCIAL BANKS IN THE FINANCIAL MARKET
Commercial banks are various financial institutions that attract free money and lend it. They also organize settlements between individuals and legal entities. The types of such banks differ in the services that they provide to their consumers. In savings banks, you can open a deposit at interest to accumulate savings. Insurance banks serve insurance companies - they issue money to compensate for damages under the contract. Trust banks help companies invest their spare cash wisely and multiply it through investments. A financial market is a system of relationships between those who sell and buy financial services or products. Financial institutions are commercial institutions that engage in financial transactions. Such institutions offer consumers a variety of financial services that will help solve their problems (raising money: loans, loans and other debt products; investing and multiplying money: deposits and investments that will help you earn additional income in the future; insurance: products that help protect against unforeseen circumstances. The purpose of the study was to study the role of commercial banks in the Russian Federation and their operations in the financial market. The paper analyzes banking operations with securities, with precious metals, with the currency of the country's leading banks. The main trends and prospects for the development of the activities of Russian commercial banks in the financial market are proposed.