Some of Russia's big private banks were faced with the risk of banking license revocation in August–September 2017. The financial resolution of Bank Otkritie and of Binbank was implemented using a new mechanism – The Fund for Banking Sector Consolidation

In 2015, the volume of loans extended by banks to enterprises and organizations drastically declined. The volume of new loans granted during the year plummeted, while the amount of debt owed to the banking sector by corporate borrowers remained practically unchanged. The decline rate of credit...

In 2018, bank lending to corporate customers is gradually gaining momentum mainly by means of rouble loans to non-financial institutions. Domestic bond market dynamics slowed down dramatically due to reduction of new borrowings by the Rosneft oil company. In 2018, the share of bond loans on the...

In H1 2013, the Russian banking sector focused basically on the retail sector. Household bank deposits accounted for almost 40% of increased liabilities, whereas for 33% of increased assets. Corporate loans accounted for as li?? le as 25% of increased assets. Furthermore, retail loan yield hit...

Banks’ assets grew at a rate of 20.1% in May 2013, being a slightly lower than in 2011 and 2012. In May, financial result of the banking business was found to be minimal since the fall of 2011. Household savings on bank accounts and deposits slowed down rapidly after three months of growth. A...

In July 2013, the bulk of banks’ lending operations shifted towards corporate loans: the growth rate of debt against loans issued to companies for the first time over several months in a row became noticeably higher than that of the retail credit portfolio. The shrinkage of monies on corporate...

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...

Substantial outflow of retail deposits from the banking sector in Q1 2014 forced banks to increase their liability to the regulators – the Central Bank of Russia and the Ministry of Finance – reaching record values. The quality of the retail credit portfolio keeps deteriorating while the...

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...

In January 2013, the Russian banking sector has entered a phase of a standstill, inherent to the first month of a year. The key indicators of credit activity and the dynamics of funds raised during the month have slowed down. In addition, the medium-term slowing-down trends were sustained in the...