ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Banking Sector in Russia

Banking Sector in Russia

Given the growth of economic relations with the west and the prospect of a membership to the WTO, Russia needs genuine banking reforms. The most urgent of these have to do with the illsuited accounting system inherited from the Soviet era, the role of the regulatory body and ensuring an environment of healthy competition in the sector.

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