Russia’s banking sector in 2021

Sergey Zubov
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Sergey Zubov: Gaidar Institute for Economic Policy

Published Papers from Gaidar Institute for Economic Policy

Abstract: At the end of 2021, the Russian banking system boasted of 370 credit institutions. A year earlier, their number constituted 406. During the year, the number of active credit institutions decreased by 36. The number of license revocations amounted to 26, voluntary revocation of licenses — 11. The number of banks with a universal license at the end of the year stood at 232 banks (248 at the beginning of the year), and with a basic license - 103 banks (118 at the beginning of the year). The number of non-bank credit institutions dropped by 5 to 35.

Keywords: Russian economy; banking sector; profit; capital; corporate loans; retail lending (search for similar items in EconPapers)
JEL-codes: E41 E51 G21 G24 G28 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2022, Revised 2022
New Economics Papers: this item is included in nep-cis
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