NAŠE GOSPODARSTVO / 
OUR ECONOMY

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

Anna Rabdanova, Vera Bulatova

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.


Keywords


Commercial bank, bank competition, banking market, market concentration

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