As of January 1, 2019, the Russian banking system numbered 484 credit organizations. A year earlier then number stood at 542. During the year the number decreased by 58 organizations. Six years ago at the beginning of 2013, the number of credit organizations exceeded one thousand (1094). The...

In 2017, banking sector demonstrated moderate development trends across main indicators. Asset holdings went up by 6 percent during the year somewhat below nominal growth rate of Russia's GDP. The ratio of banks' asset holdings and annual GDP remained at 91–92 percent for the second year in a...

In Q1 2013 the trend of slowing growth in the credit portfolio of banks was sustained. In the retail segment of credit market there was started deterioration of the Bank's loan portfolio quality. Profitability of the banking business is getting reduced for the second consecutive quarter, which...

Banks continue shedding liabilities before the monetary authorities and nonresidents amid the credit market stagnation. In October, for the first time the banking sector's profit has reached the level of last year, however, the operating profit remains rather low on the whole

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 time this year that lending to...

In August 2015, certain symptoms of corporate lending pickup popped up and contraction of the retail credit portfolio practically halted. Main sources of profit for banks were revaluation of foreign currency accounts resulting from accelerated ruble devaluation

In July, main negative trends observed in Russia's banking sector over the recent months persisted: deterioration of assets quality, reduction of the credit activity and unprofitability of banking activity

Banks' assets contracted in August due to the shrinking of basically all key types of bank assets. It is only retail accounts and deposits that showed minor positive dynamics, although the downtrend in growth rates was still in place. This also pushed down the growth in the credit portfolio. The...

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 lossmaking month for banks, the second-in-a-row month of declining debt against retail...