Download This PaperOperating Income: Downward Trend Continues
Monitoring of Russia's Economic Outlook. Moscow. IEP. 2018. No 9, pp. 7-9
3 Pages Posted: 10 Jun 2018
Date Written: May 23, 2018
Abstract
Banking profit in early 2018 remained at the level of the previous year. Herewith, notable decrease in net banking operating income due to interest rates reduction was off set by no losses incurred from currency revaluation. The reason was in termination of the national currency appreciation.
Keywords: Russian economy, banking profit, currency appreciation
JEL Classification: G21, G24, E28
Suggested Citation: Suggested Citation
Khromov, Michael, Operating Income: Downward Trend Continues (May 23, 2018). Monitoring of Russia's Economic Outlook. Moscow. IEP. 2018. No 9, pp. 7-9, Available at SSRN: https://ssrn.com/abstract=3183769 or http://dx.doi.org/10.2139/ssrn.3183769
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