THE ANALYSIS OF THE EUROPEAN BANKING MARKET STRUCTURE
https://doi.org/10.26794/2587-5671-2014-0-3-76-82
Abstract
The banking system must be seen as a whole comprising different national banks and loan institutions which activities are governed by the monetary mechanism. The banking system includes the network of commercial banks as well as other credit and settlement centers. The central bank is responsible for the state emission and foreign exchange policy and constitutes the core of the reserve system. [1, p. 234]. Commercial banks carry out a wide range of functions: keeping of customer current accounts, crediting of individuals and legal entities, purchase and sale of government and corporate securities, and many others [2]. Today most European banks are highly developed banking institutions providing a broad range of banking services. Therefore, the analysis of the European banking sector is of particular interest to banking analysts.The article analyzes the structure of the European banking market,determines the level of market competition,and identifies the commercial bank which position on the analyzed market is close to monopolistic.
About the Authors
A. M. Motokhin
OAO «Sberbank rossii»
Russian Federation
Russian Federation
I. A. Smaragdov
Plekhanov Russian university of economics
Russian Federation
Russian Federation
References
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2. Tarasevich L.S., Galperin V.M., Ignatyev S.M. 50 lectures in microeconomics. Lecture 30. State and market structures. Section 1. Quantitative methods for assessing market structure. Moscow, School of Economics, 2000 (in Russian).
3. Banker Top 1000 World Banks 2013 rankings — World Press release. URL: http:// www.thebanker.com/Top-1000-WorldBanks/The-Banker-Top-1000-WorldBanks-2013-rankings.
4. Ibid.
5. Raizberg B.A., Lozovskiy L.S., Starodubtseva E.B. Modern Dictionary of Economics. 2nd ed., Rev. Moscow: INFRA-M., 1999, 479 p. (in Russian).
6. Motohin A.M., Rodionova Z.I, Smaragdov I.A. Appraisal of market competition. // Banking, 2011, no 8. pp. 56–58 (in Russian).
7. Ibid.
Review
For citations:
Motokhin A.M., Smaragdov I.A. THE ANALYSIS OF THE EUROPEAN BANKING MARKET STRUCTURE. Finance: Theory and Practice. 2014;(3):76-82. (In Russ.) https://doi.org/10.26794/2587-5671-2014-0-3-76-82
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