Программа дисциплины «Banking Systems» «Банковские системы»

7Содержание дисциплины

1. 
   Course structure and plan, assessment tools and information sources.
   
2. 
   Banking system as an element of a credit system. Banks’ role in the system of financial intermediation.
   
3. 
   Concept and definition of a banking system. Banking system tiers.
   
4. 
   Central banks: legal status, mission and functions. Central banks conflict of interest.
   
5. 
   Banks and non-banking financial institutions. Where is the line between banking and non-banking business? “Shadow banking”. Investment banking.
   
6. 
   Commercial banks types.
   
7. 
   Standard algorithm for a national banking system analysis.
   
8. 
   Choice of a national banking system for case study and for student’s specialization during the course. Relevant banking systems: transition economies, leading industrially developed countries, emerging market countries.
   

1. 
   Quantitative indicators used to assess banking industry development and financial depth.
   
2. 
   Absolute and relative size of a banking system.
   
3. 
   Significance of banking systems at country and region level.
   
4. 
   Quantitative comparison of banking systems. Task: Which of the two countries has a more developed banking system?
   

1. 
   Number of participants in the banking services market. How many banks does Russia need?
   
2. 
   Bank classification parameters: size, type of property or specialization.
   
3. 
   Average size of a functioning bank.
   
4. 
   Structural parameters (property type, market structure, concentration indicators, competition intensity, return on equity and assets and other).
   
5. 
   Balance sheet structure of an average commercial bank in different countries including Russia.
   
6. 
   Prudential parameters: capital adequacy, assets quality, liquidity, credit portfolio concentration and diversification, proneness to market, credit and operational risks.
   
7. 
   Qualitative characteristics and parameters. Sustainability, reliability, flexibility, management quality, transparency, frequency of banking and other crises types.
   
8. 
   Specific credit systems: Islamic banks.
   

1. 
   Regulatory institutions on the national level.
   
2. 
   Deposit insurance – prevalence, intermediaries, principles, forms, coverage limits, moral hazard problem.
   
3. 
   International banking regulation: Does it actually exist? Major principles and approaches. BIS. BCBS. ECB. ESCB & Eurosystem. CEBS / EBA. Financial Stability Board (FSB).
   
4. 
   Banking crises and mitigation of their consequences: international experience.
   

1. 
   Theoretical concepts of governmental involvement in banking system (Development theory Vs. Political theory).
   
2. 
   Direct governmental involvement in the credit system as one of the banking regulation tools.
   
3. 
   Methodology for assessment of government controlled banks’ share in a banking system. “Development banks”.
   
4. 
   Cross-country comparison of state banks share.
   
5. 
   Bank privatizations and nationalizations.
   
6. 
   Comparative performance of state owned banks and private banks.
   
7. 
   Influence of direct governmental involvement in banking system on its stability.
   

1. 
   Composition of banking services involved in international trade (under the WTO and GATS rules).
   
2. 
   Four basic ways of cross-border banking services delivery.
   
3. 
   Volume and dynamics of international trade in banking services: country-specific examples. Record in the balance of payments.
   
4. 
   International investment position of a country’s banking sector: concept, structure and information sources. Direct, portfolio and other investment.
   
5. 
   Cross-border delivery of banking services – forms, scale, major participants, record in the balance of payments.
   
6. 
   Commercial presence – forms, major participants, rules.
   

1. 
   Methodology for assessment of foreign direct investment in the banking industry.
   
2. 
   Methodology for assessment of foreign direct investment in the banking industry across banking systems of different countries.
   
3. 
   Methodology for assessment of foreign direct investment in national economy lending.
   
4. 
   Macro and microeconomic consequences of foreign capital involvement in the banking system.
   
5. 
   Effectiveness of foreign banks in comparison with local ones.
   
6. 
   Bank protectionism: reasons and general manifestations. Arguments for bank protectionism (infant industry protection, “national economic safety”, “financial sovereignty”, currency stability, availability of banking services, political loyalty). “Clever protectionism”.
   

1. 
   Ranking of the leading banking sector players in Russia and in major economic regions of the world.
   
2. 
   Main banking clusters location.
   
3. 
   International financial and banking centers.
   
4. 
   Prospects for Moscow to become a global financial center.
   
5. 
   International expansion of Russian commercial banks.
   

1. 
   The concept of Russian national banking system.
   
2. 
   Institutional structure (basic legal acts, state organizations and institutions). Status, functions and role of the central bank.
   
3. 
   Level of Russian banking system development in comparison with other countries.
   
4. 
   Structure of Russian banking services market, main participants.
   
5. 
   Efficiency and profitability of Russian banks.
   
6. 
   Assessment of competition on the banking services market.
   
7. 
   Regime for direct investment into the banking sector. The level of foreign capital involvement.
   
8. 
   Banking sector development across Russian regions.