A remarkable fact of the mushrooming remittances market is the absence of commercial banks as relevant players …'s) due to migrants' mistrust to banks, which hinders the access of banks to the market. Altruism compounded with a non …-competitive market allows MTO's to set excessively high remittance fees and to attain monopolistic rents. The model shows that banks can …

profitability of Russian enterprises in the region of Omsk. Based on the finalyearly reports of the enterprises it is shown, that in … this article only the gross profit, or the profitability of the grossprofit are discussed. For the year 2000, the average … profitability of the gross profit of the examinedenterprises amounted to 2,0 %. The profitability on the basis of the profit before …

sector development leads to faster growth, and also Barth’s view that state involvement leads to poorly developed banks. …

economic growth. To investigate this function empirically, the dissertation uses two new data sets on the maturity of bank … theoretical predictions regarding the liquidity transformation function of banks. Furthermore, using the same data set, the … liquid stock markets, and with more privately owned domestic banks. Furthermore, the results suggest that credit information …