BANKING SECTOR: STATE BANKS GENERATE ALL PROFIT

Mikhail Khromov

Russian Economic Development, 2016, issue 8, 10-12

Abstract: In Q1 2016, the banking sector earnings went up significantly compared to last year. This fact has noticeably maintained the banking sector capitalization by offsetting a reduction of other sources of banks’ own funds. However, the profits generated by regular bank transactions remain noticeably lower than it was during pre-crisis period. Earnings continue to concentrate in major Russian bank – Sberbank and other major banks

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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