The Evolution of the Russian Saving Bank Sector During the Transition Era

Martin Carree

ERIM Report Series Research in Management from Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam

Abstract: Following the 1988 banking reform in Russia there was an enormous increase in the number of (registered) commercial banks. The Russian savings bank sector went through a period of shakeout after the August 1995 interbank crisis. Large banks were able to expand their market shares in the deposits market as a result of scale advantages and advertising. Entrants unsuccessfully sought to gain market share by having high deposit rates.

Keywords: banking; industry evolution; savings market; transition economies (search for similar items in EconPapers)
JEL-codes: G21 L20 M P34 (search for similar items in EconPapers)
Date: 2000-07-10
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Citations: View citations in EconPapers (2)

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