The Evolution of the Russian Saving Bank Sector During the Transition Era
2000-07-10
Research Paper
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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
Classifications using
Journal of Economic Literature (JEL) Classification System
- G21 : Banks; Other Depository Institutions; Mortgages
- M : Business Administration and Business Economics; Marketing; Accounting
- P34 : Financial Economics
- L20 : Firm Objectives, Organization, and Behavior: General
Automatically Extracted Terms
- market
- share
- market share
- deposit
- market shares
- period
- interest
- asset
- advertising
- russian
- banking
- quarter
- table
- crisis
- equation
- licency
- entry
- effect
- marketing
- licency date
