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Foreign banks: their prospects in Russia

Published in № 1(13) 01 january 2009 year
Rubric: Third Scientific Conference
The author: Moiseev S. R.
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.

The author:

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