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Russian banking sector in 2020

Sergey Zubov
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Sergey Zubov: Gaidar Institute for Economic Policy

Published Papers from Gaidar Institute for Economic Policy

Abstract: As of end 2020, there were 406 credit institutions in Russia against 442 a year earlier. Over the year, the number of operating credit institutions decreased by 36 (in 2019 – by 42). At the end of the year, he number of banks with a universal license came to 248 (at the beginning of the year – 266), with a basic one - 118 (at the beginning of the year – 136). In 2020, the number of non-bank credit institutions did not change and amounted to 40 (Fig. 65). At the end of the year, there were 379 credit institutions subject to liquidation procedures.

Keywords: Russian economy; banking sector; profit; capital; corporate loans; retail lending (search for similar items in EconPapers)
JEL-codes: E41 E51 G21 G24 G28 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2021, Revised 2021
New Economics Papers: this item is included in nep-ban, nep-cis, nep-isf, nep-mac and nep-tra
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https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2021-1121.pdf Revised Version, 2021 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:ppaper:ppaper-2021-1121

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