FOREIGN BANKS: THEIR PROSPECTS IN RUSSIA
EDN: KASWNL
Abstract
The world economic crisis from which the Russian economy is now suffering puts a question of whether the foreign affiliated banks have any prospects on the Russian market. What should we expect: their close-downs due to the problems in the head offices or their business expansion on the markets that are dealing with the relatively mild consequences of the financial instability? The article author offers his viewpoint to the readers.
About the Author
Sergey MoiseevReferences
1. Обзор банковского сектора Российской Федерации. Банк России Октябрь 2008.
2. Banking structures in the new EU Member States. ECB, January 2005. CEE Banking Sector Report. Raiffeisen Zentralbank Usterreich, October 2007.
3. Foreign direct investment in the financial sector - experiences in Asia, Central and Eastern Europe and Latin America. CGFS Papers №25. June 2005.
4. IMF World Economic Outlook Database, October 2008.
Review
For citations:
Moiseev S. FOREIGN BANKS: THEIR PROSPECTS IN RUSSIA. Journal of Modern Competition. 2009;(1):22-26. EDN: KASWNL
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