Fungacova, Zuzana; Poghosyan, Tigran - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2009
This paper analyzes interest margin determinants in the Russian banking sector with a particular emphasis on the bank ownership structure. Using a unique bank-level data covering Russia’s entire banking sector for the 19992007 period, we find that the impact of a number of commonly used...