Russia's Banking Sector in October 2013
Russian Economic Developments. Moscow. 2013, No. 12, pp. 25-27
3 Pages Posted: 22 Dec 2013
Date Written: December 21, 2013
Abstract
Growth rate in banks’ assets in October 2013 was accelerated with the resources of the Bank of Russia and the Ministry of Finance of Russia. Credit portfolio’s quality has deteriorated in both the retail and corporate segments of the lending market. Banking business keeps losing its cost-effectiveness.
Keywords: Russian economy, Russian banking sector
JEL Classification: E21, E41, E51, E58, G21
Suggested Citation: Suggested Citation
Khromov, Michael, Russia's Banking Sector in October 2013 (December 21, 2013). Russian Economic Developments. Moscow. 2013, No. 12, pp. 25-27, Available at SSRN: https://ssrn.com/abstract=2370811
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