Comparative characteristics of state-owned banks with large private banks of Russia

In the review part of the article it is shown that a high proportion of the state’s presence in the capital of banks in countries with underdeveloped financial systems is reasonable. For transitive economies, this is due to the desire to develop the financial sector and through it the entire economy. The position regarding the weakness of the financial system in the presence of banks with state participation for the Russian banking system is not confirmed. Analysis of the financial results of the four largest state-owned banks compared to the group of twenty largest banks shows that for the Russian banking system, a high level of state presence is a factor stabilizing both the banking system and the socio-economic development of the country.