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Russian Banking Sector in APRIL 2014

Author

Listed:
  • Michael Khromov

    (Gaidar Institute for Economic Policy)

Abstract

In April 2014, Russia’s banking sector witnessed a continuation of the trends observed over the several previous months: the share of state-owned banks continued to increase in all major segments of the banking services market; the growth rate of retail lending remained on the decline, while the quality of this type of lending continued to deteriorate – moreover, it grew increasingly dependent on allocations from money market regulators. The only positive factor worth mentioning was the discontinuation of private-customer deposit oulows. However, in spite of this positive development, the annual growth rate of the deposit base continued to decline.

Suggested Citation

  • Michael Khromov, 2014. "Russian Banking Sector in APRIL 2014," Russian Economic Development, Gaidar Institute for Economic Policy, issue 6, pages 31-34, June.
    • Handle: RePEc:gai:recdev:350
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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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