Template-type: ReDIF-Article 1.0
Author-Name: Sergey A. Zubov
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration
Title: Corporate Lending in January-May 2022
Title: Корпоративное кредитование в январе-мае 2022 г.
Abstract: Changing macroeconomic conditions owing to the imposed anti-Russian sanctions had a restraining effect on dynamics of corporate lending for legal entities. Growth in credit risk and a sharp increase in the key rate resulted in a reduction in the volume of loan applications and loan approval rate. Subsequently, gradual lowering of the key interest rate and other measures approved by the government and the Central Bank have helped to stabilize the situation in the corporate lending sector. Nevertheless, persistently high risks will have a negative impact in the near term on those indicators defining the quality of the bank’s corporate loan portfolio.
Keywords: Russian banking sector, corporate lending, Bank of Russia, sanctions
Classification-JEL: D81, E58, G21, G38
Journal: Russian Economic Developments
Year: 2022
Issue: 8
Month: August
Pages: 46-49
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2271.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2271