2409-1634Research result. Economic Research2409-163410.18413/2409-1634-2023-9-3-1-33192FINANCEINTEGRATION INTERACTION OF THE BANK, INSURANCE AND LEASING COMPANIES IN THE FINANCIAL MARKETINTEGRATION INTERACTION OF THE BANK, INSURANCE AND LEASING COMPANIES IN THE FINANCIAL MARKETPashkovaElena N,PashkovaElena N,epashkova@bsu.edu.ruVaganovaOksana V.VaganovaOksana V.vaganova@bsuedu.ru20239300

In a crisis, many participants may leave the financial market: they lose financial stability, lose their license, go bankrupt, etc. Integration processes are increasingly being used as one of the measures to overcome crises in the financial market, on the basis of which there is an intensive interaction of participants and the merging of their economic systems. The advantage of integration interaction is the fact that the participant of this interaction remains on the market, under a joint cooperation agreement, or the participants in this process jointly create a new captive organization (capital merger). In the financial market, there is an integration of specialized financial institutions into unified structures. In such integration processes, mergers and takeovers, the state often participates. Unfortunately, only large system-forming companies receive such assistance, including on the terms of rehabilitation of another financial institution. The purpose of this research is to study the mechanism and integration interaction of the bank, insurance and leasing companies in the financial market. The study was conducted on the basis of an institutional approach of integration interaction with financial market participants. To study the problem, a study was conducted in which an analysis of institutions in the financial market and their contribution to the GDP of the Russian Federation was carried out. It is determined that: 1) in modern conditions, the reduction and consolidation of the number of financial institutions on the market is one of the strongest trends; 2) the mechanism of interaction between banks and insurance companies, banks and leasing companies, insurance companies and leasing companies is very similar; 3) the requirements imposed on each other need to be systematized; 4) the mechanism of integration interaction in the model of three participants of banks, insurance and leasing companies needs to work out the stages of its implementation. The obtained results contribute to the development of the theory of integration processes of interaction between banks, insurance and leasing companies.

In a crisis, many participants may leave the financial market: they lose financial stability, lose their license, go bankrupt, etc. Integration processes are increasingly being used as one of the measures to overcome crises in the financial market, on the basis of which there is an intensive interaction of participants and the merging of their economic systems. The advantage of integration interaction is the fact that the participant of this interaction remains on the market, under a joint cooperation agreement, or the participants in this process jointly create a new captive organization (capital merger). In the financial market, there is an integration of specialized financial institutions into unified structures. In such integration processes, mergers and takeovers, the state often participates. Unfortunately, only large system-forming companies receive such assistance, including on the terms of rehabilitation of another financial institution. The purpose of this research is to study the mechanism and integration interaction of the bank, insurance and leasing companies in the financial market. The study was conducted on the basis of an institutional approach of integration interaction with financial market participants. To study the problem, a study was conducted in which an analysis of institutions in the financial market and their contribution to the GDP of the Russian Federation was carried out. It is determined that: 1) in modern conditions, the reduction and consolidation of the number of financial institutions on the market is one of the strongest trends; 2) the mechanism of interaction between banks and insurance companies, banks and leasing companies, insurance companies and leasing companies is very similar; 3) the requirements imposed on each other need to be systematized; 4) the mechanism of integration interaction in the model of three participants of banks, insurance and leasing companies needs to work out the stages of its implementation. The obtained results contribute to the development of the theory of integration processes of interaction between banks, insurance and leasing companies.

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