Qualitative and quantitative features of Russian and EU’s banking sectors

This article presents a comparative analysis of European and Russian banking systems. A short historic reference of Russian and European banking systems creation is given. This article also presents structural characteristics of Russian and EU’s banking systems. This article features data showing differences in scale (quantity of financial organizations and their labor; capital and reserves as well as assets of banks compared to GDP), differences in profitability (RoE, RoA and each worker’s marginal profit), differences in quality of financial mechanism and banking service (quality of credit mechanism and number of persons served by one bank). The results show a lag in Russian banking system development in comparison to European banking system.

Russia and EU, characteristics of banking sectors, ratios, financial structure, banking sector profitability