This study analyzes different reasons of banking license withdrawals in Russian in the period from January 2013 to September 2020. During this period 454 banks lost their licenses due to economic reasons or laundry activity. Using multinomial logistic regression models we reveal the factors that affect the probability of banking license withdrawal due to one of aforementioned reasons. We also compare quality of forecast generated by our final multinomial model with results of binary version of same model.
Abstract
This study analyzes different reasons of banking license withdrawals in Russian in the period from January 2013 to September 2020. During this period 454 banks lost their licenses due to [...]