Segmentation of competition and competitive advantages of banks on Russian banking market

In the article questions of specificity of banks' competition on Russian market and approaches to it's analysis are risen. Author suggests a more detailed segmentation of competition, than Bank of Russia does, basing on the residence of bank owners and the size of bank's assets. Competitiveness analysis based on number of qualitative and quantitative indicators is performed in the article. As a result competitive advantages and disadvantages affecting banks' competitiveness on Russian market are revealed. Author considers state-owned banks as national champions and finds some evidence of equilibrium in the segment of large banks, except the group of first echelon, where threats towards Russian banks competitiveness are found.

bank, competition, segmentation, advantages, crisis