In 2016, Russian banks' total asset holdings contracted by 3.5% in nominal terms – from Rb 83.0 trillion as of January 1, 2016 to Rb 80.0 trillion as of January 1, 2017. In 2015, Russian banks' total asset holdings increased 6.9%. The decline in the nominal value of banks' asset holdings in...

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 the...

Late in 2014, Russia's banking sector was driven by the ruble's devaluation and mounting crisis-related developments in the economy, firstly the decline in real disposable household income. Banks sustained big losses for the first time since 2009, and the money market regulator strengthened its...