Рыночная доля банков с государственным участием в России

Vernikov, Andrei (2009): Рыночная доля банков с государственным участием в России.

Abstract

In this paper we rely on empirical data to develop a classification of state-influenced banks. An estimate of such banks’ combined market share by July 1, 2009 is suggested. We identify 53 state-controlled banks in Russia, including state-owned banks and state-governed banks. Public sector in the banking industry is not limited to the property of federal-level executive authorities or the Central Bank of Russia. It also comprises banks effectively controlled by sub-federal (regional and municipal) authorities, by state-owned enterprises and banks and by “state corporations”. Altogether these banks account for 56% to 57% of all banking assets. Banks owned by public capital indirectly are the fastest-growing group among state-influenced institutions. Concentration grows within public sector of the banking industry, with top-5 state-controlled banking groups in possession of over 49% of national bank assets. We also contemplate a crowding out and erosion of domestic private capital whose market share shrinks from year to year. Effectively a return to a state-run credit system has been accomplished. Several largest state-owned banks now constitute a de facto intermediate third tier of the banking system. Russia’s transition path goes in a quite different direction from that of CEE countries.

• Item Type: MPRA Paper
• English Title: Market share of state-influenced banks in Russia
• Language: Russian
• Keywords: Russia; banks; state control; public sector; state-owned banks; state-controlled banks; state-influenced banks; transition
• Subjects: P - Economic Systems > P4 - Other Economic Systems > P43 - Public Economics ; Financial Economics; P - Economic Systems > P3 - Socialist Institutions and Their Transitions > P31 - Socialist Enterprises and Their Transitions; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages

References

Бабаев С.С. Какой банк можно назвать государственным // Деньги и кредит, 2007, № 7, с.58-61.

Верников А.В. Доля иностранного капитала в банковском секторе: вопросы методологии // Деньги и кредит, 2006, № 6, с.63-71.

Верников А.В. Оценка масштабов государственного присутствия в банковской системе // Деньги и кредит, 2009 (в печати).

Глоссарий.ru.- http://www.glossary.ru/cgi-bin/gl_sch2.cgi?RDuxzkgwxyiltt:l!hgtqo

Глушкова Е.А. Границы государственного сектора в банковской системе // Банковское дело, 2009, № 8, с.34-37.

Капелюшников Р.И. Концентрация собственности и корпоративное управление. Препринт WP1/2005/03, Москва: ГУ Высшая школа экономики, 2005.

Кирдина С.Г. Собственность в Х-матрице // Отечественные записки, 2004, № 6.

Мамонтов А. Государство в банках: зло или благо? // Национальный банковский журнал, 2005, №12, с.24.

Матовников М.Ю. Надёжность банка тесно связана со структурой его акционерного капитала. М.: Центр экономического анализа – Интерфакс, 2002.

Обзор банковского сектора Российской Федерации. Аналитические показатели. Интернет-версия. Банк России. М. (за соответствующий период).

Отчёт о развитии банковского сектора и банковского надзора в 2008 году. М.: Банк России, 2009. www.cbr.ru/publ/root_get_blob.asp?doc_id=8461

Bonin J., Hasan I, Wachtel P. (2005), Bank performance, efficiency and ownership in transition countries // Journal of Banking and Finance 29 (1), 31-53.

Glushkova E., Vernikov А. (2009), How big is the visible hand of the state in the Russian banking industry? - MPRA Paper No. 15563, June 2009. Munich University Library. http://mpra.ub.uni-muenchen.de/15563/1/MPRA_paper_15563.pdf

Hellman J.S., Jones G., Kaufman D. ( 2003), Seize the state, seize the day: State capture and influence in transition economies // Journal of Comparative Economics 31, 751–773.

Karas A., Schoors K., Weill L. (2008), Are private banks more efficient than public banks? Evidence from Russia. - BOFIT (Bank of Finland Institute for Economies in Transition) Discussion Papers DP 3/2008. Helsinki.

La Porta R., López-de-Silanes F., Shleifer A. (2002), Government ownership of banks // Journal of Finance 57 (1), 265–301.

Raiffeisen (2009), CEE Banking Sector Report, June 2009. Raiffeisen Zentralbank Österreich AG and Raiffeisen Centrobank AG. Vienna. www.rzb.at/ceebankingreport2008

Vernikov A. (2007), Russia's banking sector transition: Where to? - BOFIT (Bank of Finland Institute for Economies in Transition) Discussion Papers DP 5/2007. Helsinki.

Yakovlev A. (2006), The evolution of business – state interaction in Russia: From state capture to business capture?’ // Europe-Asia Studies 58 (7), 1033-1056.