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Russian Banking Sector in APRIL 2014

Mikhail Khromov

Russian Economic Developments, 2014, issue 6, 31-34

Abstract: In April 2014, Russia’s banking sector witnessed a continuation of the trends observed over the several previous months: the share of state-owned banks continued to increase in all major segments of the banking services market; the growth rate of retail lending remained on the decline, while the quality of this type of lending continued to deteriorate – moreover, it grew increasingly dependent on allocations from money market regulators. The only positive factor worth mentioning was the discontinuation of private-customer deposit oulows. However, in spite of this positive development, the annual growth rate of the deposit base continued to decline.

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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