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At 2019-end, Russian banking sector numbered 442 lending institutions. Over the year the number of operational lending institutions decreased by 42 (in 2018 – down by 77). Seven years ago in early 2013 the number of operational institutions exceeded one thousand (1094). Consequently, the...
Persistent link: https://www.econbiz.de/10012823747
As of end 2020, there were 406 credit institutions in Russia against 442 a year earlier. Over the year, the number of operating credit institutions decreased by 36 (in 2019 – by 42). At the end of the year, he number of banks with a universal license came to 248 (at the beginning of the year...
Persistent link: https://www.econbiz.de/10013212760
Russia’s banking sector as a whole happened to be ready for the current crisis partly owing to the central bank’s stabilization policy. Retention of high liquidity level, stepping up the requirements to the quality of banks’ products and services by way of setting the Basel standards...
Persistent link: https://www.econbiz.de/10014092068
A slight reduction in the total number of banking credit institutions was accompanied by consolidation of the banking sector. 2022 saw an increase in assets, (information on equity and profit is not published). Due to the rapid recovery of the economy, total assets of credit institutions last...
Persistent link: https://www.econbiz.de/10014353597