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Russian banking sector in 2020

Author

Listed:
  • Zubov Sergey

    (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.

Suggested Citation

  • Zubov Sergey, 2021. "Russian banking sector in 2020," Published Papers ppaper-2021-1121, Gaidar Institute for Economic Policy, revised 2021.
  • Handle: RePEc:gai:ppaper:ppaper-2021-1121
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2021-1121.pdf
    File Function: Revised Version, 2021
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    More about this item

    Keywords

    Russian economy; banking sector; profit; capital; corporate loans; retail lending;
    All these keywords.

    JEL classification:

    • 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
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

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