Template-Type: ReDIF-Paper 1.0
Author-Name:Mikhail Khromov
Author-Name-First:Mikhail 
Author-Name-Last:Khromov
Author-Workplace-Name:Gaidar Institute for Economic Policy
Author-Name:Alexey Vedev
Author-Name-First:Alexey 
Author-Name-Last:Vedev
Author-Workplace-Name:Gaidar Institute for Economic Policy
Title:   Development of the Banking Sector in Russia in 2011
Abstract: The financial sphere of Russia was the first sector of the national economy which was affected by the global economic crisis of 2008. Financial markets were hit first and then the banking sector experienced the liquidity problem to be followed by a full-scale economic crisis in Russia. Early in 2011, all the factors pointed to the fact that the banking sector overcame the crisis, and it seemed the upward development began. The banking sector had at its disposal huge available resources for expansion of lending to the non-financial sector.
Length:  14 pages
Creation-Date: 2012
Revision-Date:   2012
Publication-Status: Published in Russian Economy in 2011, Trends and Outlooks, Issue 33
Classification-JEL: E43, E44, E51, E58, G15, G21, G24
Keywords: Banking sector, Russian economy
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/122Vedev.pdf
File-Format: Application/pdf
File-Function: Revised version, 2012
Handle: RePEc:gai:ppaper:122