Depositors' assessment of bank riskiness in the Russian Federation
Date
2008Source Title
Journal of Financial Services Research
Print ISSN
0920-8550
Publisher
Springer
Volume
33
Issue
2
Pages
77 - 100
Language
English
Type
ArticleItem Usage Stats
129
views
views
123
downloads
downloads
Abstract
In the period after the crises in the late 1990s, the banking industries in most emerging markets have undergone significant restructuring consistent with the Basel II Accord. The Central Bank of Russia's efforts since 2000 have contributed to the consolidation and improvement of the banking industry. To measure the extent of market discipline in the Russian banking industry, we study the reaction of Russian depositors to excessive risk taking by large banks between 2000:1 and 2005:1. We find that during our analysis period, well-capitalized, more liquid banks significantly increase their deposits.