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Bank consumer lending in Russia from the point of view of foreign experience: Competition and ways of development

  • Financial Problems
  • Published:
Studies on Russian Economic Development Aims and scope

Abstract

Macroeconomic statistics of the bank sector of Russian consumer credit is analyzed, the consumer credit experience of the United States and Great Britain is studied and compared with Russian indices, competition features are studied in the area, its influence on the development of high marginal lending in Russia is estimated, and the prospects of bank consumer crediting are determined in the article.

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References

  1. Rosstat statistics URL: http://www.gks.ru

  2. Bank of Russia statistics URL: http://cbr.ru/statistics.

  3. S. R. Moiseev, Central Banks: Emergence and Establishment (Knorus, Moscow, 2013) [in Russian].

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  4. Interview with S. Yu. Glaz’ev URL: http://credit.max-park.com/?id_news_interview=483098 .

  5. Bank of England statistics URL: http://www.bankofengland.co.uk.

  6. US FRB statistics URL: http://www.federalreserve.gov.

  7. Mac. Freddie, URL: http://www.freddiemac.com.

  8. Interview wiht A. Maksakov URL: http://www.irn.ru/articles/9263.html.

  9. Rossiyskaya Gazeta data URL: http://rg.ru/2013/06/25/kredit.html.

  10. Data from the web-site Banki.ru. URL: http://www.banki.ru/news/bankpress/?id=4970266

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Authors and Affiliations

  1. Novosibirsk State University of Economics and Management, Novosibirsk, Russia

    Yu. S. Ezorkh

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  1. Yu. S. Ezorkh
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Original Russian Text © Yu.S. Ezorkh, 2014.

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Ezorkh, Y.S. Bank consumer lending in Russia from the point of view of foreign experience: Competition and ways of development. Stud. Russ. Econ. Dev. 25, 184–193 (2014). https://doi.org/10.1134/S1075700714020026

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  • DOI: https://doi.org/10.1134/S1075700714020026

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