BANKING SYSTEM: THE STATE RUSHES TO RESCUE

Mikhail Khromov

Russian Economic Development, 2016, issue 3, 41-44

Abstract: The volume of state support to the banking sector totaled Rb 1.7 trillion in 2015. In particular, recapitalization of major banks has exceeded Rb 1.1 trillion of which major state banks received Rb 800bn. These measures maintained capital adequacy at the required level.

Keywords: Banking sector; Russian Economy (search for similar items in EconPapers)
JEL-codes: E21 E41 E51 E58 G21 (search for similar items in EconPapers)
Date: 2016
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