This paper discusses different approaches to theoretical and empirical models of bank defaults. Through constructed binary probabilistic models of defaults the paper reveals key factors which have an impact on the viability of Russian banks during the financial crisis of 2008 to 2009. Policy...

The COVID-19 pandemic has significantly affected the performance of the Russian banking sector. Large banks have not only avoided serious financial losses in 2020, but also reached pre-crisis levels of return on equity by the end of 1st half of 2021. This was mainly due to operational efficiency...

The study presents the results of a stress test of the Russian banking system. The main assumption of this test is an increase in the risk of overdue debts for various categories of loans. The assumptions for the stress test are formulated based on changes in the balance sheets of Russian banks...

The article is devoted to discussing Russian economic policy during the crisis amid coordinated G20 decisions and corresponding policy of leading economies. The authors briefly cover the history of G20 summits, proposals of Russian delegation and analyze Russian economic policy in the light of...

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

Our macroeconomic forecast of the most probable scenarios for 2016–2018 indicates that the Russian economy will pass through the lowest point of the current crisis in mid-2016, and that thereafter, from H2 2016 onwards, it will start displaying signs of stabilization and even recovery. In...