5-Bank Asset Concentration for Russian Federation
DDOI06RUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.81
Year-over-Year Change
86.78%
Date Range
1/1/2000 - 1/1/2021
Summary
The 5-Bank Asset Concentration for Russian Federation measures the share of total banking assets held by the five largest banks in the country. This statistic is a key indicator of market concentration and competitiveness within the Russian banking sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 5-Bank Asset Concentration ratio provides insight into the level of consolidation and market power in Russia's banking industry. A higher concentration suggests a more oligopolistic market, which can impact lending rates, product diversity, and financial system stability.
Methodology
This metric is calculated by the World Bank using data reported by national banking authorities.
Historical Context
Policymakers and analysts use this indicator to assess the competitive dynamics and systemic risks within the Russian financial system.
Key Facts
- The 5-Bank Asset Concentration in Russia was 59.4% in 2020.
- Russia's banking sector is considered moderately concentrated.
- High concentration can limit competition and access to credit.
FAQs
Q: What does this economic trend measure?
A: The 5-Bank Asset Concentration for Russian Federation measures the share of total banking assets held by the five largest banks in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the level of consolidation and market power in Russia's banking industry, which can impact lending rates, product diversity, and financial system stability.
Q: How is this data collected or calculated?
A: This metric is calculated by the World Bank using data reported by national banking authorities in Russia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the competitive dynamics and systemic risks within the Russian financial system.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or inconsistencies by national authorities.
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Citation
U.S. Federal Reserve, 5-Bank Asset Concentration for Russian Federation (DDOI06RUA156NWDB), retrieved from FRED.