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Building Trust : Developing the Russian Financial Sector

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  • World Bank

Abstract

This book examines progress within Russia's financial sector and provides a road map for promoting dialogue on and implementing improvements. The book is intended to complement and support the joint strategic plan of Russia's government and Central Bank for banking reform, a plan that includes many already-implemented legislative and regulatory efforts aimed at strengthening the Russian financial sector as a whole. The authors contend that any comprehensive strategy designed to enhance trust in Russian banking will need to focus on four major themes: 1) encouraging financial intermediation by improving the legal and accounting infrastructure for financial sector development; 2) improving the current structure and performance of the banking system; 3) improving the effectiveness of bank regulation, bank restructuring, and liquidation; and 4) enhancing enterprise access to finance.

Suggested Citation

  • World Bank, 2002. "Building Trust : Developing the Russian Financial Sector," World Bank Publications, The World Bank, number 15225.
  • Handle: RePEc:wbk:wbpubs:15225
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/15225/multi0page.pdf?sequence=1
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    References listed on IDEAS

    as
    1. Caprio, Gerard & Honohan, Patrick, 2001. "Finance for Growth: Policy Choices in a Volatile World," MPRA Paper 9929, University Library of Munich, Germany.
    2. Black, Bernard, 2001. "The corporate governance behavior and market value of Russian firms," Emerging Markets Review, Elsevier, vol. 2(2), pages 89-108, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Abdur Chowdhury, 2003. "Banking Reform In Russia: A Window Of Opportunity?," William Davidson Institute Working Papers Series 2003-601, William Davidson Institute at the University of Michigan.
    2. Abdur Chowdhury, 2003. "Banking reform in russia: winds of change?," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 6(2), pages 89-103.
    3. Havrylchyk, Olena, 2004. "Rapid loan growth in Russia : A lending boom or a permanent financial deepening?," MPRA Paper 20997, University Library of Munich, Germany.
    4. World Bank, 2003. "Russia : Development Policy Review," World Bank Other Operational Studies 13874, The World Bank.

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