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
978-952-323-262-4
Sprache
Englisch

Erschienen in
Series: BOFIT Discussion Papers ; No. 2/2019

Klassifikation
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
Veröffentlichung
(wer)
Bank of Finland, Institute for Economies in Transition (BOFIT)
(wo)
Helsinki
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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

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