In April 2014, Russia's banking sector witnessed a continuation of the trends observed over the several previous months: the share of state-owned banks continued to increase in all major segments of the banking services market; the growth rate of retail lending remained on the decline, while the...

According to the preliminary estimates of the Ministry of Economic Development of the Russian Federation, in 2014 GDP annual growth rates amounted to 100.6% as compared to the previous year. Slowdown of growth rates of the Russian economy is justifi ed by low internal demand. Investments in...

Late in 2014, Russia’s banking sector was driven by the ruble’s devaluation and mounting crisis-related developments in the economy, fi rstly the decline in real disposable household income. Banks sustained big losses for the first time since 2009, and the money market regulator strengthened...

The Russian banking sector in November was aff ected by the same key adverse trends that have been prevailing over the recent months. The monetary authority’s resources still served as the principal source of funding for banks, which is indicative of a systemic shortage of traditional types of...

In November 2014, investments in capital assets amounted to 95.2%, while in January–November 2014, to 97.2% on the respective index of the previous year. A long-term reduction of the volumes of building jobs may result in a dramatic drop in business activities in the business and investment...

In November 2014, a trend of weak economic dynamics intensifi ed. In November 2014, the industrial production index amounted to 99.6%, including 97.0% in manufacturing as compared to the previous year. Investments in capital assets fell by 4.8% as compared to November 2013; irregularity in fulfi...

February 2015 saw almost all of the trends prevailing over the recent months: the retail credit portfolio saw nega- tive growth rates, the quality of the credit portfolio kept deteriorating both in the corporate and retail segments of the credit market, the debt owed to non-residents kept...

Early in 2015, a further drop in investment activities was registered. In January–February 2015, investments in capital assets and the volumes of jobs in the building industry amounted to 93.6% and 96.7%, respectively, as compared to the relevant indices of the previous year.

In early 2015, Russia’s domestic market was strongly aff ected by the simultaneous shrinkage of consumer and investment demand. In February 2015, the retail trade turnover index amounted to 92.3% in annual terms; the index of paid services delivered to the population amounted to 98.5%; and the...

In January 2015, a drop of 5.1% and 6.3% year-on-year in retail trade volume and investments in capital assets, respectively, had a considerable eff ect on the domestic market. The dynamics of the consumer market was determined by a simultaneous drop of 5.5% and 3.5% in demand on food products...