The evolution of the Russian saving bank sector during the transition era

Carree, Martin A. (2000). The evolution of the Russian saving bank sector during the transition era. ERIM Report Series Reference No. ERS-2000-27-STR.

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Carree, Martin A. (2000). The evolution of the Russian saving bank sector during the transition era. ERIM Report Series Reference No. ERS-2000-27-STR.

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Abstract:

Following the 1988 banking reform in Russia there was an enormous increase in the number of (registered) commercial banks. The Russian savings bank sector went through a period of shakeout after the August 1995 interbank crisis. Large banks were able to expand their market shares in the deposits market as a result of scale advantages and advertising. Entrants unsuccessfully sought to gain market share by having high deposit rates.

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Carree, Martin A.

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2000

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ERIM Report Series Reference No. ERS-2000-27-STR

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831

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The evolution of the Russian saving bank sector during the transition era