assess correctly the riskiness of other banks. However, the “crises of trust” (as one in 2004 in Russia) create some doubts … the whole banking system, as banks are tightly interconnected. We provide some evidence for market discipline in the …

In recent years the Russian banking system has witnessed numerous bank license withdrawals. Many of the failed banks …

This paper examines the strategies of Russian households for choosing either the formal or informal banking sector as a … financial literacy, trust in the banking sector, and credit discipline. We show that choosing the informal market is explained … in the banking sector as a whole. Borrowers from private parties demonstrate a higher degree of credit discipline: those …

observable bank risk (market discipline). Using 2001-2010 bank-level and region-level data for Russia, we find that depositors of …

“bad management” hypothesis holds on average for the banking sector as a whole, the “skimping” hypothesis could be the case … prudential regulation in Russia, which could, if being implemented, positively affect the loan quality of both banks that are … stability of the banking sector as a whole …

. Costs and benefits of information disclosure in the banking system have been extensively theoretically and empirically …

We propose a new theoretical model of the large-scale banking system of an open economy. It is shown that distribution … provide an additional argument in favor of use of the representative agent concept in banking sector modeling. Empirical …