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Authors

Moiseev S. R.

Degree
PhD, Associate Professor, Head of the Banking Chair, Director of the Center of Economic Research, Moscow University of Industry and Finance; member of Committee for Banking of the Board of the Russian Union of Industrialists and Entrepreneurs
Location
Moscow
Articles

The reality of the monopolistic competition in the Russian banking sector

The article provides the analysis of the Russian banking market competition through the modern non-rating-based approach to the research. In particular, the author uses the H-statistics model in order to assess the competitive environment of more than 800 banks which account for 98% of the market. Econometric analysis shows that when there are a considerable number of players on the market the Russian banking sector competition is less fierce than in Central and Eastern European countries.
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The consequences of banks concentration

The Russian banking business today is highly concentrated. 100 largest banks have 83.5 % of total assets. The high asset concentration in the banking business is nothing new for the international practitioners. The 5 largest Swedish banks hold 90 % of the assets; the same asset indicator is 87 % in Canada; 80 to 85 % in the Netherlands, Switzerland, and Belgium; 66 % in the Czech Republic; 55 % in Spain; 51 % in Hungary; 48 °% in Poland and 42 °% in India. Does the capital concentration bring about the increase of the banking system competitiveness level? What influence does the concentration exert upon the real sector of the economy? The answers to the questions are hard to find.
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Foreign banks: their prospects in Russia

The world economic crisis from which the Russian economy is now suffering puts a question of whether the foreign affiliated banks have any prospects on the Russian market. What should we expect: their close-downs due to the problems in the head offices or their business expansion on the markets that are dealing with the relatively mild consequences of the financial instability? The article author offers his viewpoint to the readers.
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