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Russian Banking Sector

Mikhail Khromov

Russian Economic Developments, 2013, issue 2, 50-53

Abstract: Annual growth of budget expenditures, observed in December, has resulted in the funds extension of households and corporate clients with the bank accounts. This has urged a traditional growth of bank liquidity, which, however, has only slightly exceeded the refinancing rate of the Bank of Russia and the Ministry of Finance of Russia. The downward trend in the growth rate of bank assets and lending was maintained in H2 2012.

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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