In February 2013, after the January reduction, the growth of bank assets was resumed. Dynamics of loans remained rather moderate: the main growth of banks’ assets was due to the increased inflow of foreign assets.

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...

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...

In April 2013, the Russian banking sector was driven by the same principal trends that were observed in the first quarter of the year. Real sector lending kept slowing down in spite of higher growth rates in household savings. In addition, allowances for provisions for losses on loans and other...

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...

In August 2013, Russia’s banking sector witnessed a continuation of the trends observed over the several previous months. As in July, a considerable proportion of growth in total banking liabilities was accounted for by the Bank of Russia and the RF Ministry of Finance. The role of retail...

In Q3 2013, the banking sector faced a shortage of customer resources. The major source of liabilities became refinancing on the part of the Bank of Russia and MinFin’s deposits. Meanwhile, by results of the lending market’s performance in Q3, it was for the first ti me this year that...

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...

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...