Template-type: ReDIF-Article 1.0
Author-Name: Zubov Sergey
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration
Title: Financial Performance of the Banking Sector for the Three Quarters of 2021
Title: Финансовые результаты банковского сектора за первые три квартала 2021 г.
Abstract: The profit of the banking sector for the three quarters of 2021 hit a record Rb 1.87 trillion. The rapid growth of lending to the population, reduction in the cost of reserve creation due to the low share of outstanding loans, the stock market growth and the development of intermediary operations that bring fee-based income have affected the high profit indicator.
Keywords: Russian banking sector, banks’ financial results, banks’ profit, banks’ profitability
Classification-JEL: D81, E58, G21
Journal: Russian Economic Developments
Year: 2021
Issue: 12
Month: December
Pages: 50-53
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r21133.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r21133