The lower scale of GDP decline in 2015–2016 that resulted from the revision, by the Russian Federal State Statistics Service (Rosstat), of its previously released data produced a ‘base effect' which, in its turn, scaled down the existing forecasts for 2017–2018: the reported recovery...

Growth of non-cash monies has been sustained in the main by that of individual ruble-denominated bank deposits. The deposits and monies kept on their bank accounts by organizations have been growing at a slower pace, thus corresponding to the movement of their turnover in nominal terms. At the...

In 2016, the volume of the banking sector assets was remaining relatively constant despite reduction of the overall number of operating banks. The banking profit has grown considerably. The reason was a sharp slowdown of bad assets growth. However without taking this factor into account, the...

In Q 3-4 2016, Russia's economy entered the phase of cyclical growth from the lowest point of the business cycle, its typical feature being the unstable movement patterns of the main socioeconomic development indicators. Inflation hit its historic low. The ruble's strengthening boosted the...

In 2016, corporate credit exposure growth rates dropped to zero. Origination of new loans declined against the volumes of economic activity. In recent months, a reduction of past-due payment was observed across all loan categories

At year-end of 2016, upward trend of retail credit exposure on bank loans resumed. Growth was entirely due to residential loans segment in the context of consumer lending shrinking. Shift in the debt structure in favor of cheaper and long-term credits issued for residential purchases secured...

Russian Abstract: Проблематике региональных банков не уделяется должного внимания ни в одном стратегическом документе Банка России и Правительства Российской...

In 2018, bank lending to corporate customers is gradually gaining momentum mainly by means of rouble loans to non-financial institutions. Domestic bond market dynamics slowed down dramatically due to reduction of new borrowings by the Rosneft oil company. In 2018, the share of bond loans on the...

In the first eight months of 2018 retail bank deposits turned out to be the primary source of expanding the resource base of the Russian banking sector. Retail deposits, however, posted almost the slowest dynamics over a longterm period of monitoring. This is what restricts opportunities of the...

Balance sheet profits declined markedly in January-July 2018 compared to the same period of 2017 mainly because of resumed growth in loan loss provisions. A positive factor was represented by growth in net interest income and in profits from regular banking operations