Russian Banking Sector

Mikhail Khromov

Russian Economic Development, 2013, issue 1, 57-59

Abstract: In November of this year the rate of individual savings in bank deposits has significantly increased. However, neither this fact, nor the continued active government support to the banks failed to prevent the slowdown of lending to both, individuals and corporate borrowers. Also, the banking sector continued to act as a channel of capital outflow from the country, despite the fact that monetary authorities are still the major lender of credit institutions.

Keywords: Economic; Legislation (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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