RUSSIAN BANKS IN NOVEMBER 2013: VOLATILE MARKET LEADS TO REDISTRIBUTION OF ASSETS IN FAVOR OF MAJOR BANKS

Mikhail Khromov

Russian Economic Development, 2014, issue 1, 37-40

Abstract: The dynamics of basic development indicators in the banking sector in November 2013 was governed by the most notorious event of the month in the banking sector, i.e., revocation of the license of Master Bank. The event trig¬gered redistribution of assets and the customer base in favor of major banks, above all, state controlled ones.

Keywords: Banking; sector (search for similar items in EconPapers)
JEL-codes: E21 E41 E51 E58 G21 (search for similar items in EconPapers)
Date: 2014
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