The Current State and the Development Perspectives of Russian Banks
The 9th issue of “Bankovskoe Delo” journal includes the study “The Current State and the Development Perspectives of Russian Banks” jointly prepared by Veronika Belousova, Zhaklin Krayushkina, Igor Manzhulin, Vasily Solodkov, Mikhail Sukhov, and Nikolay Chichkanov.
The abstract of the study:
“The article examines the performance of Russian banks during the period from January 1, 2013 to January 1, 2019 in order to determine their current state and development perspectives. We classify banks into seven groups, excluding ones with the revoked licenses. The results show that universal state banks and state-companies controlled banks have the most significant influence on the Russian banking sector. Universal private banks compete well with universal state banks, while the future of small private banks looks unpromising.”
The full text of the study can be found here.