Russia's Banking Sector in October 2013

Russian Economic Developments. Moscow. 2013, No. 12, pp. 25-27

3 Pages Posted: 22 Dec 2013

See all articles by Michael Khromov

Michael Khromov

Gaidar Institute for Economic Policy

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

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

Michael Khromov (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

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