THE CONSEQUENCES OF BANKS CONCENTRATION
EDN: JUTEIT
Abstract
The Russian banking business today is highly concentrated. 100 largest banks have 83.5% of total assets. The high asset concentration in the banking business is nothing new for the international practitioners. The 5 largest Swedish banks hold 90 % of the assets; the same asset indicator is 87 % in Canada; 80 to 85% in the Netherlands, Switzerland, and Belgium; 66% in the Czech Republic; 55% in Spain; 51 % in Hungary; 48% in Poland and 42% in India. Does the capital concentration bring about the increase of the banking system competitiveness level? What influence does the concentration exert upon the real sector of the economy? The answers to the questions are hard to find.
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Review
For citations:
Moiseev S. THE CONSEQUENCES OF BANKS CONCENTRATION. Journal of Modern Competition. 2008;(1):103-112. EDN: JUTEIT
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