Depositors' Assessment of Bank Riskiness in the Russian Federation
24 Pages Posted: 8 Feb 2008
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.
Keywords: Market discipline, Bank risk, Emerging markets, Russian Federation
JEL Classification: G20, G21
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Comparing Market and Supervisory Assessments of Bank Performance: Who Knows What When?
By Allen N. Berger, Sally M. Davies, ...
-
Equity and Bond Market Signals as Leading Indicators of Bank Fragility
By Reint Gropp, Jukka M. Vesala, ...
-
Equity and Bond Market Signals as Leading Indicators of Bank Fragility
By Reint Gropp, Jukka M. Vesala, ...
-
Market Discipline in the Governance of U.S. Bank Holding Companies: Monitoring vs. Influencing
By Robert R. Bliss and Mark J. Flannery
-
Subordinated Debt and Bank Capital Reform
By Douglas D. Evanoff and Larry D. Wall
-
Sub-Debt Yield Spreads as Bank Risk Measures
By Douglas D. Evanoff and Larry D. Wall
-
Can Emerging Market Bank Regulators Establish Credible Discipline? The Case of Argentina, 1992-1999
-
Predicting Bank Failures: A Comparison of On- and Off-Site Monitoring Systems
By Rebel A. Cole and Jeffery Gunther
-
The Information Content of Bank Exam Ratings and Subordinated Debt Prices
By Robert Deyoung, Mark J. Flannery, ...