<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Competition is one of the factors directly influencing the development of the banking market, the stability of the banking system, and the monetary system as a whole. This article describes the features of banking competition, methods of analysis of banking competition, and an analysis of the current state of competition in the banking market in the Russian Federation. The analysis of banking competition in the Russian Federation was performed using the concentration ratio for the top three companies and the Herfindahl-Hirschman Index. The research concludes with an assessment of the state of competition in the banking market and identification of the barriers to entering the financial services market.</p></abstract>

Competition is one of the factors directly influencing the development of the banking market, the stability of the banking system, and the monetary system as a whole. This article describes the features of banking competition, methods of analysis of banking competition, and an analysis of the current state of competition in the banking market in the Russian Federation. The analysis of banking competition in the Russian Federation was performed using the concentration ratio for the top three companies and the Herfindahl-Hirschman Index. The research concludes with an assessment of the state of competition in the banking market and identification of the barriers to entering the financial services market.

Assessment of the State of Competition in the Banking Market in the Russian Federation

Master Student at the Faculty of Economics, East-Siberian State University of Technology and Management, Russian Federation

Faculty of Economics, East-Siberian State University of Technology and Management, Russian Federation

Naše gospodarstvo/Our economy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Competition is one of the factors directly influencing the development of the banking market, the stability of the banking system, and the monetary system as a...

Assessment of the State of Competition in the Banking Market in the Russian Federation

Published Online: Sep 24, 2016

Page range: 13 - 19

Received: Dec 01, 2015

Accepted: Aug 01, 2016

DOI: https://doi.org/10.1515/ngoe-2016-0014

Keywords
Commercial bank, bank competition, banking market, market concentration

© 2016 Anna Rabdanova et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Assessment of the State of Competition in the Banking Market in the Russian Federation

Published Online: Sep 24, 2016

Page range: 13 - 19

Received: Dec 01, 2015

Accepted: Aug 01, 2016

DOI: https://doi.org/10.1515/ngoe-2016-0014

KeywordsCommercial bank, bank competition, banking market, market concentration

© 2016 Anna Rabdanova et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Commercial bank, bank competition, banking market, market concentration