Template-Type: ReDIF-Paper 1.0
Author-Name: Zubov Sergey
Author-Name-First: Sergey
Author-Name-Last: Zubov
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Russia’s banking sector in 2021
Abstract: At the end of 2021, the Russian banking system boasted of 370 credit institutions. A year earlier, their number constituted 406. During the year, the number of active credit institutions decreased by 36. The number of license revocations amounted to 26, voluntary revocation of licenses — 11. The number of banks with a universal license at the end of the year stood at 232 banks (248 at the beginning of the year), and with a basic license - 103 banks (118 at the beginning of the year). The number of non-bank credit institutions dropped by 5 to 35.
Classification-JEL: E41, E51, G28, G21, G24
Keywords: Russian economy, banking sector, profit, capital, corporate loans, retail lending
Creation-Date: 2022
Revision-Date: 2022
Length: 15 pages
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2022-1199.pdf
File-Format: application/pdf
File-Function: Revised Version, 2022
Handle: RePEc:gai:ppaper:ppaper-2022-1199