RUSSIA’S BANKING SECTOR IN DECEMBER 2014

Michael Khromov
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Michael Khromov: Gaidar Institute for Economic Policy

Russian Economic Development, 2015, issue 2, 27-30

Abstract: Late in 2014, Russia’s banking sector was driven by the ruble’s devaluation and mounting crisis-related developments in the economy, fi rstly the decline in real disposable household income. Banks sustained big losses for the first time since 2009, and the money market regulator strengthened its support to banks.

Keywords: Banking; sector (search for similar items in EconPapers)
JEL-codes: E21 E41 E51 E58 G21 (search for similar items in EconPapers)
Date: 2015
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