Building Trust: Developing the Russian Financial Sector

building trust: developing the russian financial sector

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Building Trust: Developing the Russian Financial Sector

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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. --This text refers to the Digital edition.

Building Trust: Developing the Russian Financial Sector,World Bank,Michael J. Fuchs,World Bank Publications,0821351613,Banks and banking,Business & Economics,Business / Economics / Finance,Business/Economics,Finance,International - General,Russia (Federation)

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