The Evolution of the Russian Saving Bank Sector During the Transition Era
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.
|Keywords||banking, industry evolution, savings market, transition economies|
|Publisher||Erasmus Research Institute of Management (ERIM)|
Carree, M.A.. (2000). The Evolution of the Russian Saving Bank Sector During the Transition Era (No. ERS-2000-27-STR). Erasmus Research Institute of Management (ERIM). Retrieved from http://hdl.handle.net/1765/39