Showing 1 - 10 of 33
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...
Persistent link: https://www.econbiz.de/10011163315
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...
Persistent link: https://www.econbiz.de/10011266073
Over the past three quarters of 2014 the Russian banking sector encountered a constriction of growth in all of its key resource sources. Retail accounts and deposits and foreign liabilities contracted while growth in corporate customers dropped to low levels. Monetary authorities’ resources,...
Persistent link: https://www.econbiz.de/10011085083
It is monetary authorities’ resources that became the principal source of growth in banks’ assets in October 2014. Still high frequency of banking license revocations and the ruble devaluation could hardly recover depositors’ confi dence in the banking system – growth in the deposit base...
Persistent link: https://www.econbiz.de/10011122134
In early 2015, Russia’s banking sector was operating under an increasing impact from several negative trends that had first become prominent towards the end of 2014. January 2015 became the second-in-a-row loss making month for banks, the second-in-a-row month of declining debt against retail...
Persistent link: https://www.econbiz.de/10011210444
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...
Persistent link: https://www.econbiz.de/10011185649
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...
Persistent link: https://www.econbiz.de/10010726714
The dynamics of basic development indicators in the banking sector in November 2013 was governed by the most notorious event of the month in the banking sector, i.e., revocation of the license of Master Bank. The event trig¬gered redistribution of assets and the customer base in favor of major...
Persistent link: https://www.econbiz.de/10010739659
The trends towards slower growth rate and deterioration of the quality the retail credit portfolio continued in May 2014. Additionally, state-run banks kept strengthening their position in this segment of the banking service market. The banking business’s profi tability kept declining....
Persistent link: https://www.econbiz.de/10010812383
In the first months of 2014 the focus of active operations of banks has been the build-up of foreign assets as a result of the dollarisation of their domes?? c liabilities. At the same ?? me there was a considerable decrease in household savings deposits with banks compared with last year. The...
Persistent link: https://www.econbiz.de/10010764510