Arbeitspapier
Financial stability and public confidence in banks
We use a novel, household opinions-based measure – Public Confidence in a Bank – to explore the role of bank-level and system-wide determinants of customers' trust in banks. Our study covers a panel of approximately 260 large Russian commercial banks publicly monitored during 2010–2017. We find that public confidence in a bank is highly sensitive to the industry-level financial stability indicators, but less sensitive to bank-level risk characteristics. This result reveals an important role of overall banking sector stability in determining public perception of the safety and soundness of individual banks.
- ISBN
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978-952-323-262-4
- Sprache
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Englisch
- Erschienen in
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Series: BOFIT Discussion Papers ; No. 2/2019
- Klassifikation
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Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Household Saving; Personal Finance
- Thema
-
financial stability
public confidence
bank failures
customer opinions
online reviews
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Chernykh, Lucy
Davydov, Denis
Sihvonen, Jukka
- Ereignis
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Veröffentlichung
- (wer)
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Bank of Finland, Institute for Economies in Transition (BOFIT)
- (wo)
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Helsinki
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Chernykh, Lucy
- Davydov, Denis
- Sihvonen, Jukka
- Bank of Finland, Institute for Economies in Transition (BOFIT)
Entstanden
- 2019