The Russian Banking Sector in August 2013

Russian Economic Developments. Moscow, 2013, #10, pp. 34-36

3 Pages Posted: 30 Oct 2013

See all articles by Michael Khromov

Michael Khromov

Gaidar Institute for Economic Policy

Date Written: October 30, 2013

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.

Keywords: Russian economy, banking sector

JEL Classification: E21, E41, E51, E58, G21

Suggested Citation

Khromov, Michael, The Russian Banking Sector in August 2013 (October 30, 2013). Russian Economic Developments. Moscow, 2013, #10, pp. 34-36, Available at SSRN: https://ssrn.com/abstract=2347314 or http://dx.doi.org/10.2139/ssrn.2347314

Michael Khromov (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
25
Abstract Views
328
PlumX Metrics