This paper provides micro and macroeconomic analysis of the economic role of banks in the Russian economy. Using a … financing. Econometric model put out the existence of liquidity providing activity of Russian banks. Even though the overall … banks in their liquidity providing role. …

depositors demanding higher deposit interest rates from banks with risky financial policies. This discipline seems stronger than … in developed countries. Our study suggests also that the risks taken by banks increased after introducing the deposit …