Analyzing the financial and banking cooperation among Russia and the SCO member states

The article deals with the financial and banking cooperation between Russia SCO member states, which is characterized by availability of a low level simultaneous expansion potential, particularly under contemporary unprecedented sanctions pressure. author dwells upon activities SCO, including Interbank Association, comes to conclusion that practically most goals objectives economic within are mainly declarative without practical implementation. study based on such general scientific cognitive methods as induction deduction, analysis synthesis, comparison graphical interpretation statistical information time series. novelty lies in developing proposals priority areas well SWOT Development Bank, aimed at improving efficiency countries. proposes basic strategy Bank for strengthening bank's position multilateral development bank, promoting among states. One should take into account obtained results creating Russia's bilateral SCO.