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 Banking Sector Abstract: Annual growth of budget expenditures, observed in December, has resulted in the funds extension of households and corporate clients with the bank accounts. This has urged a traditional growth of bank liquidity, which, however, has only slightly exceeded the refinancing rate of the Bank of Russia and the Ministry of Finance of Russia. The downward trend in the growth rate of bank assets and lending was maintained in H2 2012. Classification-JEL: E21, E41, E51, E58, G21 Keywords: Economic Legislation Year: 2013 Issue: 2 Month: February Pages: 50-53 Journal:Russian Economic Developments File-URL: http://www.iep.ru/files/RePEc/gai/recdev/75Khromov.pdf File-Format: Application/pdf Handle: RePEc:gai:recdev:75