Banks continue shedding liabilities before the monetary authorities and nonresidents amid the credit market stagnation. In October, for the first time the banking sector's profit has reached the level of last year, however, the operating profit remains rather low on the whole

In August 2015, certain symptoms of corporate lending pickup popped up and contraction of the retail credit portfolio practically halted. Main sources of profit for banks were revaluation of foreign currency accounts resulting from accelerated ruble devaluation

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...

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 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...