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Russia’S Banking Sector In August 2013

Author

Listed:
  • Michael Khromov

    (Gaidar Institute for Economic Policy)

Abstract

In August 2013, Russia’s banking sector witnessed a continuation of the trends observed over the several previous months. As in July, a considerable proportion of growth in total banking liabilities was accounted for by the Bank of Russia and the RF Ministry of Finance. The role of retail loans in financing current household consumption expenditure continued to grow. At the same time, the banking sector’s capital adequacy and return on equity were declining.

Suggested Citation

  • Michael Khromov, 2013. "Russia’S Banking Sector In August 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 34-36, October.
    • Handle: RePEc:gai:recdev:221
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    File URL: http://www.iep.ru/files/RePEc/gai/recdev/221Khromov.pdf
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    More about this item

    Keywords

    Banking sector;

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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