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Research & Publications
The Russian Microfinance Center produces a range of publications intended to disseminate information about the current state of the microfinance sector in Russia, to share details about best practices among MFIs, to update microfinance professionals on changes in legislation and regulations affecting microfinance, and to provide information about current activities of the RMC. If you would like to be on the RMC's mailing list, please send us an email to firstname.lastname@example.org.
The RMC regularly conducts research on various aspects of microfinance activity in Russia. The RMC is engaged in ongoing research activities, so check back regularly for the latest research in microfinance in Russia.
CONCEPT NOTE Greater Access to Retail Finance: Measures to Promote Microfinance in the Russian Federation 2008 - 2012
The purpose of this Concept Note is to define key areas of building an all-inclusive financial system to improve access to retail finance in the Russian Federation. This Concept Note provides an assessment of current access to retail finance in Russia; identifies client target groups in need of greater access to finance; identifies financial intermediaries to be involved in expanding access to retail finance; provides a summary of recommendations for better policy options and a summary of regulatory measures to be pursued by the government to enable the emergence of needed institutions and technologies in the finance market. In particular, the Concept Note highlights the links between financial inclusion and living standards, thriving entrepreneurship and SME, and other social and economic objectives.
Concept Note — Download > (PDF, 1.2 Mb)
Notes on Regulation of Branchless Banking in Russia. CGAP, May, 2008
Since November 2006, when President Putin advocated greater financial access for the Russian people in a widely publicized address, a number of government initiatives have begun to take shape indicating the strong interest among Russian policy makers and regulators in taking up this challenge. Branchless banking, or вЂњdistance bankingвЂќ, as it is often called in Russian translation, is seen as a cost-efficient way of achieving the goal of improved financial access вЂ“ particularly for lower income Russians living in the countryвЂ™s many vast and sparsely populated areas.
Concept Note — Download > (PDF, 408 kb)
Non-bank Microfinance Development Trends in Russia 2003-2004.
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