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

Anna Rabdanova; Vera Bulatova

Anna Rabdanova
Vera Bulatova

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

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.

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Author Biographies

Anna Rabdanova

Master Student at the Faculty of Economics, East-Siberian State University of Technology and Management, Russian Federation
E-mail: a.rabdanova9@gmail.com

Anna Rabdanova is currently a master’s degree student in the Finance and Credit Department at East-Siberian State University of Technology and Management’s Faculty of Economics. She has a bachelor's degree in economics. Her research focuses primarily on bank lending, banking competition, and bank management.

Vera Bulatova

Faculty of Economics, East-Siberian State University of Technology and Management, Russian Federation
E-mail: bulatova_vb@mail.ru

Vera Bulatova, Ph.D. in economics, is an assistant professor in the Finance and Credit Department, Faculty of Economics, East-Siberian State University of Technology and Management. She teaches courses on financial and monetary and credit methods in economic management, analysis of financial risks, and investment analysis. Her field research includes regional policy, investment policy, and bankruptcy.

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