Russian Banking considers the rise of commercial market-oriented banks in Russia, their links with government and non-financial companies and their role as intermediaries in the provision of finance for investment. The contributors explore the legacy of the Soviet past and current functions of...

The 'informal' sector of an economy is generally seen as a private sphere, where agents seek to escape the reach of the state and, in particular, the tax organs. However, given the weakness of the Russian state and the enormous scale of informal economic activity, the fiscal authorities try to...

This article examines three current banking reform initiatives in Russia: the introduction of deposit insurance, the reform of prudential regulation and the adoption of measures intended to enhance the transparency of Russian banks. Together, they constitute the core elements of Russia's...