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Banking System: The State Rushes To Rescue

Author

Listed:
  • Michael Khromov

    (Gaidar Institute for Economic Policy)

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.

Suggested Citation

  • Michael Khromov, 2016. "Banking System: The State Rushes To Rescue," Russian Economic Development, Gaidar Institute for Economic Policy, issue 3, pages 41-44, March.
    • Handle: RePEc:gai:recdev:713
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    More about this item

    Keywords

    Banking sector; Russian Economy;

    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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