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: ECONOMIES OF SCALE AFOOT Abstract: During ten months of 2015, the banking sector has demonstrated very low results. Operating income and profi tability have declined and many credit institutions have obtained negative fi nancial results. State owned banks and banks under resolution regime have been bearing losses. Obvious economies of scale is being observed: large banks are more profi table than the small ones even despite the more active provision of reserves against potential losses. Classification-JEL: E21, E41, E51, E58, G21 Keywords: Banking sector, Russian Economy Journal: Russian Economic Developments Year: 2015 Issue: 12 Month: December Pages: 41-44 File-URL: http://www.iep.ru/files/RePEc/gai/recdev/634Khromov.pdf File-Format: Application/pdf Handle: RePEc:gai:recdev:634