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:  RUSSIAN BANKS WITHIN THE FIRST THREE QUARTERS OF 2014 
Abstract:  Over the past three quarters of 2014 the Russian banking sector encountered a constriction of growth in all of its key resource sources. Retail accounts and deposits and foreign liabilities contracted while growth in corporate customers dropped to low levels. Monetary authorities’ resources, which contributed most to the growth of the banking sector’s resource base during the foregoing period, were used as compensation. The banking sector’s resources were used primarily for lending purposes, yet facing a downtrend. Nonetheless, it is only the retail segment of the lending market that has so far been facing deterioration of the quality of loans. 
Classification-JEL:  E21, E41, E51, E58, G21
Keywords: Banking sector
Journal: Russian Economic Developments
Year: 2014
Issue: 11
Month: November
Pages: 24-27
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/418Khromov.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:418