Intensifying the interrelationships between the bank and the corporation

Abstract

Subject. This article examines the peculiarities of cooperation between non-financial companies and banks in present-day conditions. Objectives. The article aims to identify areas for improving cooperation between the bank and the firm through enhancing the specialization and competencies of each party to increase their profits and value. Methods. For the study, I used the logical and systems approaches, and analysis and synthesis. Results. The article finds that endogenous factors of non-financial companies and banks make it necessary to identify the cooperation between corporate financial services and credit organizations. One of the areas of close cooperation is the interaction of the corporate financial service and the bank, the improvement of which provides benefits to each party from opportunities building to focus on the core activities. Conclusions and Relevance. The complication of exogenous circumstances forces companies to strengthen their competencies and specialization, which inevitably leads to the need to improve cooperation with organizations specializing in the production of goods and services that are used in the manufacture of finished products, but do not differentiate companies from competitors in the relevant market. The results of the study can be used in the practices of corporations and banks, and when teaching the disciplines of corporate finance and banking in higher educational institutions.