search query: @indexterm EUROPE, EAST / total: 523
reference: 31 / 523
| Author: | Rebelski, N. |
| Title: | Antimonopoly regulation in the banking sphere |
| Journal: | Russian and East European Finance and Trade
1997 : MAR-APR, VOL. 33:2, p. 41-58 |
| Index terms: | BANKING EUROPE, EAST ECONOMICS |
| Language: | eng |
| Abstract: | The demonopolization of the financial-credit sphere has been characterized by the emergence of a multitude of new commercial banks, the number of which grew 1.8-fold. The banks' (gross) consolidated balance sheet increased 21-fold during the year and at the beginning of the current year totaled 324.1 trillion rubles; investment loans increased 2.6-fold and totaled 100 trillion rubles. Total declared capital quadrupled to 5 trillion rubles. The increases in the number of banks and their increasing financial autonomy promote the diversification of capital in the banking sector. |
SCIMA