The article considers the key issues of the current development of the Russian banking sector. The authors summarize the main achievements of anticrisis management by the Russian government and Central Bank. They offer possible scenarios for solving the problems of Russian banks' bad debts, and...

The authors study eleven banking crises over the past twenty-five to thirty years and show that sustainable economic recovery and decreased dependence on commodity prices will be virtually impossible without the clearing of balance sheets and capitalization of the financial sector.

The article analyzes the problems encountered by commercial banks during the current financial crisis. The author examines the situation with commercial banks in the main sectors of the Russian economy.

The article analyzes factors affecting growth of the share of nonperforming loans in the loan portfolios of Russian banks. Using the results of stress tests of Russian banks, the authors assess their potential capital needs in 2010 and estimate the share of government assistance in capital...

The article is based on a report prepared for the president of the Russian Federation. The authors assess the conditions and consequences of different scenarios of financial policy in the medium-term perspective and outline targeted criteria for development of the national financial system. The...

The author analyzes measures of monetary policy in Russia. It is shown that along with positive directions, such as the decision to increase the banking sector's liquidity and decrease the mandatory reserve standard, there were also restraining measures, such as raising the refinancing rate and...