Abstract: Today the opinion is being expressed increasingly often in business circles that it is possible to attract foreign capital to restore the Russian banking system. When decisions are made regarding the participation of foreign banks in the development of the domestic banking system, the consideration of economic factors is reduced to the following choice: either Russians turn their savings over to Russian banks to effect high-yielding but high-risk projects; or they gain an opportunity to preserve their savings at low yields, but under guarantees of major international financial institutions that will invest these funds, including in high-yielding and risky Russian projects.
Publication Year: 2001
Publication Date: 2001-03-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 1
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