Support measures as an additional driver of the market value of domestic banks

V. A. Bannikova (), О. S. Vinogradova () and H. I. Penikas ()

Voprosy Ekonomiki, 2025, issue 9

Abstract: The events of 2022—2023 created a setting for a quasi-natural experiment that makes it possible to assess how the Bank of Russia’s support measures influenced the stock-market valuation of banks. While the general external environment affected all participants in the equity market, banks experienced an additional influence not faced by other companies—namely, the support measures introduced by the Bank of Russia in 2022. A quantitative assessment of the effects of Russia’s macroprudential-easing policy shows that these measures acted as an extra factor supporting banks’ market value. Specifically, the share prices of banks covered by the supportive macroprudential policy changed less than those of other firms.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.vopreco.ru/jour/article/viewFile/5291/2783 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2025:id:5291

DOI: 10.32609/0042-8736-2025-9-103-125

Access Statistics for this article

More articles in Voprosy Ekonomiki from NP Voprosy Ekonomiki
Bibliographic data for series maintained by NEICON ().