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Financial Analytics: Science and Experience
 

Position of foreign banks in the Russian banking system

Vol. 4, Iss. 36, SEPTEMBER 2011

Available online: 4 October 2011

Subject Heading: BANKING SECTOR

JEL Classification: 

Merkulova I.V. Associate professor of economic sciences, associate professor of chair the finance and the credit, Stavropol state university
merkulova-inna@yandex.ru

In the article positions of foreign banks in bank system of Russia are analyzed and estimated. For last decade banks with participation of non-residents have considerably strengthened the presence in the Russian market. The reason of it is financial globalization and a growing competition in the market of bank services which have led to massive expansion of the banking capital in the markets of the countries which have passed to the market housekeeper.

Keywords: bank, operation, authorized capital stock, the leader, the non-resident

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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