Digital financial accessibility of regions with the lowest level of banking development

Abstract

Digital transformations of regional socio-economic systems determine long-term trends in economic growth and financial stability of individual territorial entities. Global trends in the "digitization"of economic and financial relations leave their imprint on the vector of regional development of national economies. The questions like this are topical for Russia as well. In this regard, this article is aimed at identifying the features and problems in the processes of digitalization of the regional banking system and the banking services market in terms of digitalization and financial accessibility of depressed regions of the country. The necessity and main factors of digital transformation of a separate economy are considered. The concepts of digital finance and financial accessibility are defined, and the relationship between these areas in modern conditions is reflected. The indicators of IT penetration of a separate group of regions - digital financial outsiders are analyzed. The assessment of regions provision with banking services is also carried out. The degree of interconnection between the indicators of the region's IT penetration and the level of digitalization of the banking services market from the point of view of the availability of the Internet and the development of remote banking services is revealed.