In April 2013, the Russian banking sector was driven by the same principal trends that were observed in the first quarter of the year. Real sector lending kept slowing down in spite of higher growth rates in household savings. In addition, allowances for provisions for losses on loans and other...

In May 2015, contraction of practically all categories of attracted funds of the banking sector resulted in the paralyses of corporate loans and clearing of quick funds. In May, P&L impact of the banking sector went back to the positive zone although aggregate P&L impact for the first five...

The banking sector profit has grown significantly. At the same time, problems with the rate of return in the banking sector have not evaporated. State owned banks account for nearly all profit. Private banks are balancing on the verge of zero rate of return. Concentration of assets in the...

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,...

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 July, revocations of banking licenses continued. Asset growth was significantly slowed down as a result of shrinkage of their principal sources – corporate funds and foreign liabilities, as well as a very slow movement of individual deposits. Growth of interest rates has so far produced...

This paper tries to analyze how the Covid-19 pandemic and economic conditions affect the demand for money and other payment instruments. By utilizing data/information in the period before the Covid-19 pandemic and during the outbreak of the Covid-19 pandemic, the analysis was carried out using a...

This paper deals with Russia's banking sector in 2013. The author focuses on relationship between banks and corporate customers, foreign transactions in the banking sector, banking regulation

We develop a new framework to examine the effects of retail central bank digital currencies (CBDCs) on financial inclusion and stability, particularly how the results depend on an economy's existing degree of financial development. We demonstrate that when offering CBDCs in underdeveloped...