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Regional distribution of bank institutions in Russia: Role of state and education

Author

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  • Anna Mishura

    ()

  • Svetlana Ageeva

Abstract

The article presents results of research into territorial disparity of bank (branch) deployment for regions of Russia. It is suggested that there have been three periods of bank development in the country. The Siberian Federal District has been selected to illustrate each period and demonstrate real institutional changes of power distribution between the 'province' and the 'center' as well as the role of the state throughout the process. The dynamics of the number of regional banking institutions in recent years reflects falling concentration of banking business in all regions (with the exception of Moscow). However, despite the concentration of financial institutions in the capital there are notable regional financial centers. It has been attempted to identify factors for the territorial disparity. It turns out that beside regional population and income size significant factors include the status of the regional capital city and its educational potential.

Suggested Citation

  • Anna Mishura & Svetlana Ageeva, 2016. "Regional distribution of bank institutions in Russia: Role of state and education," ERSA conference papers ersa16p167, European Regional Science Association.
  • Handle: RePEc:wiw:wiwrsa:ersa16p167
    as

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    References listed on IDEAS

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    14. repec:bof:bofitp:urn:nbn:fi:bof-201505201212 is not listed on IDEAS
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    More about this item

    Keywords

    Regional disparity; Capital city; Banking institutions;

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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