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Author:Tompson, W.
Title:Financial backwardness in contemporary perspective: prospects for the development of financial intermediation in Russia
Journal:Europe-Asia Studies
2000 : JUN, VOL. 52:4, p. 605-626
Index terms:EUROPE
ASIA
RUSSIA
FINANCIAL INTERMEDIARIES
Language:eng
Abstract:A number of observers of the Russian banking sector have remarked upon the fact that, for all the diversity of their interests and activities, Russian banks do not actually bank very much - that is, they engage in very little financial intermediation. Indeed, on the conventional Western definition, most Russian banks are not banks at all, for it is financial intermediation - the provision of deposit and loan products - that distinguishes banks from other types of financial institutions.
SCIMA record nr: 215556
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