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Financial Banking Performance in January-November 2020
[Финансовые Результаты Банков В Январе-Ноябре 2020 Г]

Author

Listed:
  • Zubov Sergey

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

Due to the epidemiological situation, the structure and dynamics of financial performance in the banking sector have experienced changes. Amid declining margins, instability of financial markets and the unstable position of borrowers, the Russian credit institutions were forced to significantly adjust their market strategies. This resulted in a decrease of profitability of the banking system compared to the previous year.

Suggested Citation

  • Zubov Sergey, 2021. "Financial Banking Performance in January-November 2020 [Финансовые Результаты Банков В Январе-Ноябре 2020 Г]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 1, pages 33-36, January.
  • Handle: RePEc:gai:recdev:r2107
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