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October 8, 2026
HSE Experts Take Part in 23rd Annual Meeting of Valdai Discussion Club
The 23rd Annual Meeting of the Valdai Discussion Club was held from September 28 to October 1, 2026 under the theme ‘Responsibility for the Future: Limits of the Possible, or Limitless Possibilities?’ The forum brought together 120 experts from 40 countries, including representatives of China, the United States, India, Brazil, the United Kingdom, Germany, Egypt, Iran, and Japan.
October 7, 2026
‘Our Team Consists of True Leaders in Their Respective Academic Disciplines
The HSE International Centre of Decision Choice and Analysis studies a wide range of methods for analysing decision-making and possible scenarios for the development of natural, socio-economic, and political phenomena using various mathematical models. The application of advanced mathematical methods to forecasting helps to prevent negative outcomes and avoid erroneous decisions. The HSE News Service spoke to the centre’s director, Prof. Fuad Aleskerov, about its work.
October 6, 2026
International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod Brings Together Scientists from Russia and Serbia
The International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod’ was held at the Nizhny Novgorod House of Scientists from September 23 to 26. The event was organised by HSE University–Nizhny Novgorod and the Nizhny Novgorod House of Scientists, with the participation of Sberbank and the Institute of Physics Belgrade. The symposium was held for the second time: the first conference took place in 2025 and attracted considerable interest from the academic community.

 

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Profitability and Bank De-Branching in the Digital Age: Evidence From Russian Regions

International Journal of Finance and Economics. 2025. Vol. 30. No. 4. P. 3838–3855.
Zimin E., Semenova M.

This study examines the relationship between bank de-branching and profitability in Russian regions depending on the region's internet infrastructure development and financial digital literacy. Using data from 84 Russian regions from 2010 to 2020 and panel data analysis techniques, we test whether the adequacy of internet infrastructure for online banking and financial digital literacy are positively related to bank de-branching and whether they add to bank de-branching efficiency in terms of bank profitability. We show that a higher degree of the region's internet infrastructure development and higher levels of financial digital literacy are positively related to bank de-branching. We observe that banks closing their branches in regions exhibiting higher levels of internet development and financial digital literacy gain more profit from de-branching. This study adds to the literature by being the first to examine whether financial digital literacy and the development of internet technologies enhance the positive effect of bank de-branching on bank profitability

Research target: Economics and Management
Language: English
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Keywords: регионы РоссииRussian regionsbank de-branching
Publication based on the results of:
Financial Institutions and Banking Markets in the Context of Structural Changes and Economic Turbulence: Drivers of Development and Efficiency (2025)
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