In October, the only source of growth of banks’ fund raising were government agencies, including the Central Bank. All other sectors acted as net beneficiaries. As a result, banking sector own liquidity (liquid assets less funds of monetary authorities) reached the minimum level in both,...

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.

In November of this year the rate of individual savings in bank deposits has significantly increased. However, neither this fact, nor the continued active government support to the banks failed to prevent the slowdown of lending to both, individuals and corporate borrowers. Also, the banking...

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...

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....

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...

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...

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...

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,...