RUSSIA: Global crisis reveals banks' fragility
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In this article
- Fragile sector
- History
- Early 1990s
- Stabilisation
- 1998 crisis
- Post-devaluation
- Business models
- Structural challenges
- State banks
- Small size
- Concentration
- Transparency
- Shallow trust
- Foreign banks
- Public versus private
- Exchange rate
- Borrowing
- Confidence in the currency
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