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Russian Banking Sector

Author

Listed:
  • Michael Khromov

    (Gaidar Institute for Economic Policy)

Abstract

In November of this year the rate of individual savings in bank deposits has significantly increased. However, neither this fact, nor the continued active government support to the banks failed to prevent the slowdown of lending to both, individuals and corporate borrowers. Also, the banking sector continued to act as a channel of capital outflow from the country, despite the fact that monetary authorities are still the major lender of credit institutions.

Suggested Citation

  • Michael Khromov, 2013. "Russian Banking Sector," Russian Economic Development, Gaidar Institute for Economic Policy, issue 1, pages 57-59, January.
    • Handle: RePEc:gai:recdev:57
    as

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    File URL: http://www.iep.ru/files/RePEc/gai/recdev/57Khromov.pdf
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    More about this item

    Keywords

    Economic Legislation;

    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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