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:  THE BANKING SECTOR UNDER RUBLE FREE FLOATING EXCHANGE RATE REGIME IN NOVEMBER 2014
Abstract:  The Russian banking sector in November was aff ected by the same key adverse trends that have been prevailing over the recent months. The monetary authority’s resources still served as the principal source of funding for banks, which is indicative of a systemic shortage of traditional types of liabilities. This resulted in slower growth in retail and corporate lending. The credit portfolio’s quality was deteriorating mainly in the retail segment of the lending market, however, increased contributions to the provisions remained the key factor reducing the return on assets in the banking business.
Classification-JEL:  E21, E41, E51, E58, G21
Keywords: Banking sector
Journal: Russian Economic Developments
Year: 2015
Issue: 1
Month: January
Pages: 33-36
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/449Khromov.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:449