This article relies on statistical and empirical data to develop a classification of state-influenced banks. An … estimate of such banks’ combined market share by July 1, 2009 is suggested. We identify 53 state-controlled banks in Russia …, including state-owned banks and state-governed banks. Public sector in the banking industry is not limited to the property of …

State-controlled banks are currently at the core of financial intermediation in Russia. This paper aims to assess the … and indirectly state-controlled banks and construct a set of bank-level statistical data covering the period between 2000 … and 2011. By January 2011 the market share of state-controlled banks reached almost 54 percent of all bank assets, putting …

effect for a number of large emerging markets including Russia. We refer to the case of Russian banks to suggest that this … of financial firms, and a single-industry panel of banks might be unfeasible due to the sheer number of eligible firms. A … selection of banks would be biased in favor of publicly listed entities and has little chance of being a wholly representative …

We undertook an institutional analysis of commercial banks in Russia. After the failed experiment with private … economy, where public ownership has rebounded over the past decade. The core state-controlled banks have evolved into hybrid … institutions, performing two various sets of functions: those of regular commercial banks and of policy banks. We found a similar …

State-controlled banks are currently at the core of financial intermediation in Russia. This paper aims to assess the … and indirectly state-controlled banks and construct a set of bank-level statistical data covering the period between 2000 … and 2011. By January 2011 the market share of state-controlled banks reached almost 54 percent of all bank assets, putting …

In this paper we rely on empirical data to develop a classification of state-influenced banks. An estimate of such … banks’ combined market share by July 1, 2009 is suggested. We identify 53 state-controlled banks in Russia, including state …-owned banks and state-governed banks. Public sector in the banking industry is not limited to the property of federal …

-nationalization did not produce a well functioning system of privately owned banks. Current trends in the Russian banking may be deemed … industrial assets. The share of state-controlled banks keeps growing to have reached 54 percent of total banking assets. We …

. The study relies upon theoretical as well as applied research of corporate governance in Russian commercial banks … agency theory and implying outside investors’ control over banks through stock market, is found to bear limited relevance. We …

influence over banks are not limited to equity ownership with governance and other methods of control being employed as well and …