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Evolution of Banking Mergers and Acquisitions Market in Russia

Author

Listed:
  • Penyugalova A.V.
  • Platonova Yu.Yu.
  • Pyshnogray A.P.
  • Samsonenko V.A.

Abstract

Purpose: The article characterizes efferent and afferent trends as a strategic factor in the evolution and development of the banking system of the Russian Federation. Design/Methodology/Approach: The article reveals the peculiarities of the processes of mergers, takeovers, and acquisitions taking place in the Russian market, emphasizes their evolutionary and cyclical nature, making a conclusion about the optimization of existing business processes, the transition to a market-oriented way of managing capital. Results: The phenomenon of bank mergers and acquisitions is another step in the evolution of financial capital. This process should be considered against the background of the development of the entire industry of financial markets associated with the organization of new institutions and extinction of outdated forms of organization of redistributive processes. Practical implications: Solving number of tasks related to the optimization of existing business processes, the transition to a market-oriented way to manage capital are critically important for the successful restructuring of the financial architecture under the pressure of new technological challenges for domestic banks. Slowdowns in these processes will lead to the need to tackle cross-cutting tasks, which will create risks for providing financial resources for the entire economy. Originality/Value: Prospective systemic changes in the banking sector of Russia will also affect the sphere of mergers, while the processes will simultaneously move in several directions. The institutions who failed to restructure business processes in a new technological environment will have to leave the market due to the outflow of customers.

Suggested Citation

  • Penyugalova A.V. & Platonova Yu.Yu. & Pyshnogray A.P. & Samsonenko V.A., 2019. "Evolution of Banking Mergers and Acquisitions Market in Russia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 501-509.
  • Handle: RePEc:ers:ijebaa:v:vii:y:2019:i:special1:p:501-509
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    References listed on IDEAS

    as
    1. Isil Erel, 2011. "The Effect of Bank Mergers on Loan Prices: Evidence from the United States," The Review of Financial Studies, Society for Financial Studies, vol. 24(4), pages 1068-1101.
    2. repec:ers:journl:v:vi:y:2018:i:4:p:105-118 is not listed on IDEAS
    3. Isidora Tachmatzidi, 2018. "Takeover Defenses in the United Kingdom," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 105-118.
    4. Isidora Tachmatzidi, 2019. "Comparative Analysis of Takeover Defenses in Strong and Weak Economies: The Paradigm of the UK and Greece," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 254-264.
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    Cited by:

    1. Chau, Nancy H. & Kanbur, Ravi & Soundararajan, Vidhya, 2022. "Employer Power and Employment in Developing Countries," IZA Discussion Papers 15514, Institute of Labor Economics (IZA).
    2. Kim, Yeongsu Anthony & Liang, Feng Helen, 2023. "The effect of CEO prominence on cross-border acquisitions: An international entrepreneurship approach," Journal of Business Research, Elsevier, vol. 163(C).

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    More about this item

    Keywords

    Commercial banks; Russian market of banking mergers and acquisitions.;

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • D39 - Microeconomics - - Distribution - - - Other

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