Building Trust : Developing the Russian Financial Sector

This book examines progress within Russia's financial sector and provides a road map for promoting dialogue on and implementing improvements. The book is intended to complement and support the joint strategic plan of Russia's government and Central Bank for banking reform, a plan that includes many already-implemented legislative and regulatory efforts aimed at strengthening the Russian financial sector as a whole. The authors contend that any comprehensive strategy designed to enhance trust in Russian banking will need to focus on four major themes: 1) encouraging financial intermediation by improving the legal and accounting infrastructure for financial sector development; 2) improving the current structure and performance of the banking system; 3) improving the effectiveness of bank regulation, bank restructuring, and liquidation; and 4) enhancing enterprise access to finance.

Bibliographic Details

Main Author:	World Bank
Other Authors:	Fuchs, Michael
Language:	English en_US
Published:	Washington, DC 2002-09
Subjects:	FINANCIAL SECTOR REFORM, LEGAL FRAMEWORK, BANKING SYSTEMS, BANK REGULATION, BANK RESTRUCTURING, CREDITORS, SECURED TRANSACTIONS, ENFORCEMENT POWERS, INSOLVENCY, DEPOSIT INSURANCE, PRIVATIZATION, BANK FINANCING, COMMERCIAL CREDIT, CAPITAL MARKETS, SAVINGS, LAW ENFORCEMENT, DISCLOSURE LAWS & REGULATIONS, BANK SUPERVISION, ACCESS TO CREDIT, RISK MANAGEMENT, FINANCIAL INTERMEDIATION ACCOUNTABILITY, ACCOUNTING, ACCOUNTING STANDARDS, ADMINISTRATIVE ASPECTS, ADMINISTRATIVE PROCESSES, ALLOCATION OF RESOURCES, ASSET MANAGEMENT, ASSET MANAGEMENT COMPANIES, ASSETS, AUDITING, BANK CAPITAL, BANK FOR INTERNATIONAL SETTLEMENTS, BANK LENDING, BANK LIABILITIES, BANK LICENSING, BANK LIQUIDATION, BANK MERGERS, BANK PERFORMANCE, BANKING CRISIS, BANKING INDUSTRY, BANKING LEGISLATION, BANKING SECTOR, BANKING SUPERVISION, BANKING SYSTEM, BANKRUPTCY, BANKRUPTCY PROCEEDINGS, BANKS, BENCHMARK, BONDS, BUDGET CONSTRAINTS, CAPITAL FLIGHT, CAPITAL REQUIREMENTS, CENTRAL BANK, CONSENSUS, CONSOLIDATION, CONTRACT ENFORCEMENT, CORPORATE FINANCE, CORPORATE GOVERNANCE, CORPORATE INSOLVENCY, DEBT, DEPOSIT INSURANCE SCHEMES, DEPOSITORS, DEPOSITS, DEVALUATION, DEVELOPMENT BANKS, DISCLOSURE, ECONOMIC EXPANSION, ECONOMIC GROWTH, ECONOMIC STABILITY, EMERGING MARKETS, ENABLING ENVIRONMENT, ENACTMENT, EXPORTS, FEDERAL GOVERNMENT, FINANCIAL CRISES, FINANCIAL CRISIS, FINANCIAL INFORMATION, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL INTERMEDIARIES, FINANCIAL INTERMEDIATION, FINANCIAL MARKETS, FINANCIAL REFORM, FINANCIAL SECTOR, FINANCIAL SECTOR DEVELOPMENT, FINANCIAL SERVICES, FINANCIAL STRUCTURES, FINANCIAL SYSTEM, FINANCIAL SYSTEMS, FISCAL, FISCAL BURDEN, FOREIGN BANKS, FOREIGN CREDIT, FOREIGN ENTRY, FOREIGN INVESTMENT, GATT, GDP, GOVERNMENT AGENCIES, GOVERNMENT AUTHORITIES, GOVERNMENT BONDS, GOVERNMENT OFFICIALS, GOVERNMENT OWNERSHIP, GROSS DOMESTIC PRODUCT, GUIDELINES, INSOLVENCY PROCEEDINGS, INSOLVENCY SYSTEM, INSOLVENCY SYSTEMS, INSURED DEPOSITS, INTERDEPENDENCE, INTEREST RATE, INTERNATIONAL ACCOUNTING STANDARDS, JUDICIARY, LACK OF TRANSPARENCY, LEGAL PROTECTION, LIQUIDATION, LIQUIDATION OF BANKS, LIQUIDITY, M2, MACROECONOMIC STABILIZATION, MATURITIES, MINISTRY OF FINANCE, NONPERFORMING LOANS, OWNERSHIP STRUCTURE, POCKET BANKS, POLITICAL INSTABILITY, PREFERENTIAL TREATMENT, PRIVATE BANKS, PROBLEM BANKS, PRODUCTIVITY, PROFITABILITY, REGULATORY INFRASTRUCTURE, REHABILITATION, REPRESENTATIVES, RESOURCE ALLOCATION, SECURITIES, SECURITIES MARKETS, SHAREHOLDERS, STATE BANKS, STATE SUBSIDIES, STATE-OWNED ENTERPRISES, SUBSIDIARIES, SUBSIDIARY, TAX ARREARS, TECHNICAL ASSISTANCE, TRANSACTION COSTS, TRANSITION ECONOMIES, TRANSPARENCY, VOLATILITY, VULNERABILITY, WORKING CAPITAL, WORLD TRADE ORGANIZATION, WTO,
Online Access:	http://documents.worldbank.org/curated/en/2002/09/2034208/building-trust-developing-russian-financial-sector https://hdl.handle.net/10986/15225
Tags:	Add Tag No Tags, Be the first to tag this record!