Aspects of managing the financial sustainability of the bank in the context of globalization

The importance and scale of the banks' activities are growing every year, as well as the banking competition and concentration. This makes it necessary to pay special attention to their functioning and sustainability since the stability of the economy as a whole depends largely on the financial condition of the banks. In the context of globalization, financial markets have ceased to serve the real sector of the economy and have acquired independent significance. Transnational corporations and financial institutions are increasingly actively pursuing their specific goals and influencing the formation and functioning of world markets. The problem is that foreign capital often does not even replace national financial companies, but replaces them, which creates the preconditions for their absorption and/or gradual disappearance. Therefore, the formation of nationally oriented commercial structures working, in the long run, is a crucial task in the context of economic globalization.