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Russian banking sector in 2022

Author

Listed:
  • Zubov Sergey

    (RANEPA)

Abstract

At the end of 2022, there were 361 credit institutions in the Russian banking system. A year earlier their number amounted to 370 units (a decrease by 9 units during the year, in 2021 — by 37 units). There were 3 revocations of licenses (in 2021 — 26), the number of voluntary revocation of licenses came to 9 (in 2021 — 11). There were 225 banks with universal license as of the end of the year (232 banks as of the beginning of the year) and 101 banks with the basic license (103 banks as of the beginning of the year). The number of non-bank credit institutions was 35, the same as in the previous year.

Suggested Citation

  • Zubov Sergey, 2023. "Russian banking sector in 2022," Published Papers ppaper-2023-1276, Gaidar Institute for Economic Policy, revised 2023.
    • Handle: RePEc:gai:ppaper:ppaper-2023-1276
    as

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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2023-1276.pdf
    File Function: Revised Version, 2023
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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
    • 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
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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