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The dynamics of structural developments in banking as an indicator of the regulatory efficiency

Vol. 26, Iss. 4, APRIL 2020

Received: 10 February 2020

Received in revised form: 25 February 2020

Accepted: 10 March 2020

Available online: 28 April 2020

Subject Heading: Financial system

JEL Classification: C54, C58, D47, G14, G18

Pages: 744–756

Semenychev E.V. Sevastopol Branch, Plekhanov Russian University of Economics (PRUE), Sevastopol, Russian Federation

Demidov V.V. Samara University of Public Administration – International Institute of Market (MIR), Samara, Russian Federation

ORCID id: not available

Subject. The article discusses the structure of the banking market in Russia, its dynamics and determines how it deviates from its Pareto optimality.
Objectives. We evaluate the efficiency of public administration, outline and develop economic and mathematical methods and techniques to support the decision-making process in the governmental regulation of Russia’s banking.
Methods. The market power of a banking market actor is quantified with the amount of its balance sheet currency as a comprehensive indicator of its business performance and activity. Doing so, we quantify the economic potential of diverse market actors in banking, which have their own operational distinctions and working in different segments. We choose the traditional paradigm of structural evaluation methods as the key methodological principles. It ensures the corresponding result. The approach helps use official and publicly available statistics of the banking market (statistical data of the Central Bank of the Russian Federation) to assess the optimality of the overall banking structure in the Russian Federation by studying how certain market actors allocate their assets.
Results. We did the ABC analysis of the banking market structure in Russia within 2007 through 2019, pointed out groups A, B and C and reviewed their composition.
Conclusions and Relevance. We conclude that the banking market that has existed in Russia for the recent 13 years seems to fall short of the theoretically effective one as per the Pareto principle, with its dynamics being unfavorable and fueling the market concentration. The sustainability of the banking market requires more banks from group A, higher efficiency needs less banks from group C, which makes banking regulators intervene the market by setting and adopting respective requirements to market actors.

Keywords: market structure, ABC analysis, Pareto optimality, public administration


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