Template-Type: ReDIF-Article 1.0 Author-Name:Michael Khromov Author-Name-First:Michael Author-Name-Last: Khromov Author-Workplace-Name: Gaidar Institute for Economic Policy Title: RUSSIA’S BANKS IN JULY 2014 Abstract: In July, revocations of banking licenses continued. Asset growth was signifi cantly 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 litile positive eff ect on changes in the banking sector’s resource base, but it is nevertheless a factor that further pushes down the level of current lending activity. Classification-JEL: E21, E41, E51, E58, G21 Keywords: Banking sector Journal: Russian Economic Developments Year: 2014 Issue: 9 Month: September Pages: 29-32 File-URL: http://www.iep.ru/files/RePEc/gai/recdev/391Khromov.pdf File-Format: Application/pdf Handle: RePEc:gai:recdev:391