Finance & Banking

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Print Resources

Fuchs, Michael Joseph, ed. Building Trust : Developing the Russian Financial Sector . Washington, DC : World Bank, 2002. 359 p.
LC Call Number: HG186.R8 B76 2002
LC Catalog Record: 2002027221

World Bank experts evaluate developments within the Russian financial system through early 2000s and suggest priority improvements. Fine analysis of bank governance and insolvency practices; asset and liabilities' quality and structure. Other topics covered include capital market development, reforming state banks, presence of foreign banks in Russia. Contains a lot of statistical data.

Johnson, Juliet E. A Fistful of Rubles : The Rise and Fall of the Russian Banking System. Ithaca : Cornell University Press, c2000. 244 p.
LC Call Number: HG3130.2.A6 J64 2000
LC Catalog Record: 00009763

Analysis of Russian banking system from the perspective of a political scientist. Author reviews Soviet banking system transformation, the role of Central Bank in the banking system reform, state banks restructuring, role of financial-industrial groups, and causes and consequences of the 1998 financial crisis.

Lane, David, ed. Russian Banking : Evolution, Problems and Prospects. Cheltenham, UK ; Northampton, MA : Edward Elgar Pub., c2002. 268 p.
LC Call Number: HG3130.2.A6 R865 2002
LC Catalog Record: 2002072167
Table of Contents

Issue 13/14: Summer/Fall 2008

Guide to Russian Business Information Resources

Table of Contents

Overview
Introduction
Business & Economy
Foreign Trade & Investments
Finance & Banking
Industries
Labor & Management
Databases
Directories
News Sources
LC Catalog Searches

Collection of articles authored by Western researchers presents thorough analysis of the Russian banking system. Looks at various aspects of commercial banking. Discusses role of the Russian banks in privatization and flight of capital from the country. Contains case studies of three Russian banks, including the country's largest, Sberbank. Includes a large number of statistics.

McGee, Robert W. and Galina G. Preobragenskaya. Accounting and Financial System Reform in a Transition Economy : A Case Study of Russia. New York : Springer, c2005. 182 p.
LC Call Number: HF5616.R9 M4 2005
LC Catalog Record: 2004059176
Publisher's Description

Authors discuss current state of auditing in Russia, transparency of financial reporting, accounting education and certification in Russia, problems of implementation of international auditing standards in a transition economy, and recent development in corporate governance.

Internet Resources

Moody's Interfax Rating Agency.
http://rating.interfax.ru/

Joint venture of Moody's and Russia's Interfax news agency. Provides ratings to commercial banks, municipal and corporate bonds.

KPMG
http://www.kpmg.ru/index.thtml/en/

The Russian home page for this network of professional firms providing Audit, Tax, and Advisory services. The site includes links to publications and tax and financial news relating to Russia and its concerns. Access to archive issues of the weekly tax newsletter from 2003 - 2005; legislative news, from 2005 - 2007.

Noel, Michel, Zeynep Kantur, and others. Development of Capital Markets and Institutional Investors in Russia: Recent Achievements and Policy Challenges Ahead. World Bank working paper no. 87. Washington, D.C. : World Bank, 2006. 156p.
http://www-wds.worldbank.org/.../372660RU0Capit101OFFICIAL0USE0ONLY1.pdf [PDF Format: 1.1 MB / 156 p.]

Concise but informative overview of Russia's capital markets, their infrastructure, and regulatory framework. Analyzes recent changes in the financial sector, tracks key impediments to development, and defines priorities for policy improvements.

SKRIN.com.
http://www.skrin.com/

English-language portal for information disclosure of Russian public companies. Founded in 1999 by National Association of Securities Market Participants (Russian acronym: NAUFOR). Company database, searchable by name, symbol or product, with comprehensive data for 5.7 million companies (financials, ownership, issued stocks, etc.). Russian stock market statistics with charts and graphs, business news, and investment bank research on companies and industries. Includes Russia's industry classification systems.

Bank of Russia. English version
http://www.cbr.ru/eng/

Official site of the Central Bank of Russia. Provides macroeconomic indicators, historical financial market data (including some dating back to 1998). Includes a commercial bank directory (in Russian only) and financial statements of banks dating back to 1997.

Moscow Interbank Currency Exchange (MICEX).
http://www.micex.com

Moscow Interbank Currency Exchange (MICEX), Russia's largest universal exchange. Founded in 1992 for trading in foreign currencies, MICEX now also trades stocks, government and corporate bonds, derivatives and interbank loans. Stock indexes, exchange rates, government bond yields.

Министерство Финансов.
http://www1.minfin.ru/

Official site of the Ministry of Finance of the Russian Federation. Contains federal budget and debt statistics, macroeconomic indicators, information on government bond issues, full-text documents of financial regulations, press releases, and interviews with ministry officials. Selected content in English.

Облигации в России.
http://www.rusbonds.ru

Russia's bond market database, provided by the Interfax group. Search by bond issuer or agent. News, quotes, research, market calendar. Free access.

РТС. Фондовая биржа "Российская Торговая Система".
http://www.rts.ru/

Russian Trading System (RTS), second largest stock and foreign exchange in Russia.

СКРИН, Система комплексного раскрытия информации.
http://www.skrin.ru

Russian-language version of the SKRIN.com, Internet portal of information disclosure for Russian public companies.

Федеральная налоговая служба.
http://www.nalog.ru

Official site of the Federal Taxation Service. Provides tax law and regulations updates, federal tax revenue statistics, and proportions of tax distribution between federal and regional budgets. In Russian only.

Экономическая экспертная группа.
http://www.eeg.ru/

Web site of the Economic Expert Group, an independent think tank with focus on macroeconomic and fiscal policy issues. Provides services for the Russian Ministry of Finance. Provides macroeconomic indicators and research. Free access. In Russian and English.

Эксперт РА.
http://www.raexpert.ru/

Independent rating agency, founded in 1997 by the weekly business magazine Expert. Includes ratings of companies, regions and investment banks. Provides economic and market research. Offers a database of financial data covering over 3,000 Russian companies. Free access, most content in Russian only.