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Foreign banks: their prospects in Russia

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  • Moiseev, Sergey

    (Center of Economic Research, Moscow University of Industry and Finance Committee for Banking of the Board of the Russian Union of Industrialists and Entrepreneurs)

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.

Suggested Citation

  • Moiseev, Sergey, 2009. "Foreign banks: their prospects in Russia," Journal of Modern Competition, Synergy University, issue 1, pages 22-26.
    • Handle: RePEc:snr:mdrcmp:y:2009:i:1:p:22-26
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    File URL: https://www.moderncompetition.ru/jour/article/view/211
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