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Lending to the non-financial sector: Opportunities and limitations

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  • O. Berezinskaya

Abstract

This paper analyzes borrowing by non-financial sector of the Russian economy. Its topicality is determined by the importance of credit for a successful implementation of the “window of opportunities”, a decrease in credit availability and high credit risks in a number of industries. The comprehensive analysis of lending to non-financial sector of the economy is based on financial statements of corporations and credit institutions as well as on evaluations of the Bank of Russia. The paper highlights performance dynamics of businesses in non-financial industries and their current indebtedness and the role of Russian banks in providing them with credit. Imbalances and risks for growth of lending to the non-financial sector of the economy are revealed.

Suggested Citation

  • O. Berezinskaya, 2016. "Lending to the non-financial sector: Opportunities and limitations," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 3.
  • Handle: RePEc:nos:voprec:y:2016:id:182
    DOI: 10.32609/0042-8736-2016-3-63-74
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