Russian Banking Sector in Q1 2013

Mikhail Khromov

Russian Economic Development, 2013, issue 5, 32-35

Abstract: In Q1 2013 the trend of slowing growth in the credit portfolio of banks was sustained. In the retail segment of credit market there was started deterioration of the Bank’s loan portfolio quality. Profitability of the banking business is getting reduced for the second consecutive quarter, which is driven by the growing deductions to reserves and higher cost of the resource base

Keywords: Banking; sector (search for similar items in EconPapers)
JEL-codes: E21 E41 E51 E58 G21 (search for similar items in EconPapers)
Date: 2013
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