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RUSSIA’S BANKING SECTOR IN JANUARY 2014

Mikhail Khromov

Russian Economic Developments, 2014, issue 3, 27-30

Abstract: In January 2014, banks generated extra revenues of Rb 39bn from the devaluation of the ruble , whereas adverse dynamics of household disposable incomes triggered worsening of the quality of retail loans. Banks keep being dependent on monetary authorities’ resources.

Keywords: Banking; sector (search for similar items in EconPapers)
JEL-codes: E21 E41 E51 E58 G21 (search for similar items in EconPapers)
Date: 2014
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