of syndicated loans in Russia. Following Berger, Klapper and Udell (2001), we aim to test whether local banks possess a …The objective of this paper is to investigate whether the participation of local banks exerts an impact on the spreads …. We perform regressions of the spread on a set of variables including information on the participation of local banks …

finding that all types of banks in Russia increase their lending before presidential elections supports the view that the … authorities in an electoral autocracy like Russia can influence lending of both private and state-owned banks for political …State-owned banks tend to increase lending before elections for the purpose of boosting the re-election odds of …

afterward in Russia and other former Soviet Union countries. Before the crisis a banking failure arose owing to the coexistence … of a lemons credit market and high government borrowing. In a lemons credit market low credit risk firms switched from … bank to nonbank finance, including trade credits and barter trade, generating an externality on banks' interest rates. The …

. While the dominant view sees a detrimental impact of competition on the stability of banks, this view has recently been … issue based on a large sample of Russian banks over the period 2001-2007 and employ the Lerner index as the metric of bank …

The paper examines how the type of ownership affects the profit efficiency of Russian banks. Using bank-quarter data … for selected banks in the period 2004–2015, we combine stochastic frontier anal-ysis (SFA) methodology with an … intermediary approach to assess profit efficiency. Our key findings show that foreign-owned banks are the most efficient, followed …

Russia and other Former Soviet Union (FSU) economies. Before the crisis banks do not lend to the real sector of the economy … arises due to the coexistence of adverse selection in a lemons credit market jointly with high government borrowing. The … collapse of the treasury bills market in the financial crisis of August 1998 triggers a change in banks lending behavior. A …

ownership structure. Using unique bank-level data covering Russia's entire banking sector for the 1999-2007 period, we find that … operations differs across state-controlled, domestic-private and foreign-owned banks. At the same time, the influence of …