Publisher
Social Science Research Network
Media Date
12-1-2017
Media Type
Document
Content Type
Working Paper
Country/Region
Russia
Language
English
Crisis
Russian Private-Banking Crisis (2017)
Case Series
Ad hoc Capital Injection
Intervention
Ad hoc Capital Injection
Additional Information
Some of Russia’s big private banks were faced with the risk of banking license revocation in August–September 2017. The financial resolution of Bank Otkritie and of Binbank was implemented using a new mechanism – The Fund for Banking Sector Consolidation.
Recommended Citation
Drobyshevsky, Sergey; Trunin, Pavel; and Khromov, Michael, "Bank Otkritie and Binbank: Was There an Option Other Than Bailout" (2017). Documents. 2656.
https://elischolar.library.yale.edu/ypfs-documents2/2656
COinS