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Russian Banking Sector in Q1 2013

Author

Listed:
  • Michael Khromov

    (Gaidar Institute for Economic Policy)

Abstract

In Q1 2013 the trend of slowing growth in the credit portfolio of banks was sustained. In the retail segment of credit market there was started deterioration of the Bank’s loan portfolio quality. Profitability of the banking business is getting reduced for the second consecutive quarter, which is driven by the growing deductions to reserves and higher cost of the resource base

Suggested Citation

  • Michael Khromov, 2013. "Russian Banking Sector in Q1 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 5, pages 32-35, May.
    • Handle: RePEc:gai:recdev:133
    as

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    File URL: http://www.iep.ru/files/RePEc/gai/recdev/133Khromov.pdf
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    More about this item

    Keywords

    Banking sector;

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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