groups of banks: banks with foreign shareholders vs. domestic banks, and Moscow-based banks vs. regional banks. The … research shed light on the efficiency of Russian banks and their susceptibility to external shocks. Specifically, foreign …-owned banks are shown to be generally more efficient than domestic ones, while the difference between Moscow-based and regional …

The aim of this paper is to analyze the increasing importance of banks in the Russian economy over the period following … the financial crisis of 1998. We use several measures to assess the role of banks in domestic financial intermediation in … from micro-level studies. All of these confirm that banks are becoming increasingly important in financial intermediation …

concentration, the industrial policy of the government, and the banks' involvement in the financing of the non-financial economy. We … see a hierarchical multi-tier banking system headed by a few core state-controlled banks. These combine commercial … influence on the banks' lending decisions and market behavior. We argue that the Chinese and Russian banking provide empirical …

approach based on the changes in the credit lending rates to borrow a stock close to the record date. Each method mentioned …

of market risk showed that passively managed funds are more attractive for the average Russian investor, especially if … and is ready to take on additional risk in order to obtain higher yields, he should pay special attention to the …

English Abstract: Distortion risk measures have been widely used in financial and insurance applications in recent …" risk measures introduced into scientific circulation by the author to the class of distortion risk measures, as well as to … describe the corresponding distortion functions.This work introduces a new class of risk measures "ES to degree t" and also …

This paper investigates the influence of both concentration and foreign banks expansion in Russian banking sector on … banks covering the period 2004q1–2009q4. From the one hand, the panel estimation outcome reveals a gradually increasing time … trend for the H-statistic, thus suggesting an intensification of competition in the whole sector and among the large banks …

used by regulators and commercial banks as part of the risk management methodologies and tender indicators. …Article proposes comparative studies of credit ratings of the leading Russian and international rating agencies. We …. A detailed comparative analysis of rating scales is focused on Russian banks. Database for empirical study includes 370 …