The Russian banking sector in November was aff ected by the same key adverse trends that have been prevailing over the recent months. The monetary authority’s resources still served as the principal source of funding for banks, which is indicative of a systemic shortage of traditional types of...

In November 2014, investments in capital assets amounted to 95.2%, while in January–November 2014, to 97.2% on the respective index of the previous year. A long-term reduction of the volumes of building jobs may result in a dramatic drop in business activities in the business and investment...

In November 2014, a trend of weak economic dynamics intensifi ed. In November 2014, the industrial production index amounted to 99.6%, including 97.0% in manufacturing as compared to the previous year. Investments in capital assets fell by 4.8% as compared to November 2013; irregularity in fulfi...

February 2015 saw almost all of the trends prevailing over the recent months: the retail credit portfolio saw nega- tive growth rates, the quality of the credit portfolio kept deteriorating both in the corporate and retail segments of the credit market, the debt owed to non-residents kept...

Early in 2015, a further drop in investment activities was registered. In January–February 2015, investments in capital assets and the volumes of jobs in the building industry amounted to 93.6% and 96.7%, respectively, as compared to the relevant indices of the previous year.

In early 2015, Russia’s domestic market was strongly aff ected by the simultaneous shrinkage of consumer and investment demand. In February 2015, the retail trade turnover index amounted to 92.3% in annual terms; the index of paid services delivered to the population amounted to 98.5%; and the...

In September 2014, the trend of slowdown of economic dynamics by the baseline types of economic activities stopped. Growth in industrial output, manufacturing and mining amounted to 2.8%, 3.6% and 2.4%, respectively, as compared to September 2013. However, the situation is complicated by the...

Over the past three quarters of 2014 the Russian banking sector encountered a constriction of growth in all of its key resource sources. Retail accounts and deposits and foreign liabilities contracted while growth in corporate customers dropped to low levels. Monetary authorities’ resources,...

It is monetary authorities’ resources that became the principal source of growth in banks’ assets in October 2014. Still high frequency of banking license revocations and the ruble devaluation could hardly recover depositors’ confi dence in the banking system – growth in the deposit base...

In January–September 2014, the index of physical volumes of GDP amounted to 100.8% on the respective period of 2013. The positive factors behind positive quarterly dynamics of GDP are, fi rstly, the speed-up of growth rates of manufacturing industries to 3.6% year-on-year in October 2014...