Russia's Banking Sector in Q1 2015

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 01 Jan 2015 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Michael Khromov;

doi: 10.2139/ssrn.2611224 , 10.2139/ssrn.2659467

Russia's Banking Sector in Q1 2015

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Abstract

In Q1 2015, there emerged the first signs of two negative trends approaching a break point: the inflow of individual funds into bank accounts and deposits finally reappeared, and after several months of negative financial results the banking sector managed to finish March 2015 in the black. At the same time, the quality of bank assets continued to decline. All the quality indices of loans issued both to individuals and legal entities were also on the decline.

Related Organizations

Gaidar Institute for Economic Policy
Russian Federation
Economic Policy Institute
United States

Keywords

Russian Economy, Banking sector, jel: jel:E51, jel: jel:E21, jel: jel:E41, jel: jel:E58, jel: jel:G21

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