In 2015, the population has turned to the savings pattern. It is reflected among other in the renewal of the savings rate on bank deposits, which was characteristic of 2012-2013 and simultaneous repayment of bank debts. At the same time, prior to December 2015, there was no significant demand...

In November, in the wake of the number of revoked licenses the growth rates of bank assets have reached their highest level since the end of the 1990s. Banks continue reducing their dependence on the monetary authorities amid the lack of the credit market recovery. The November profit of the...

Banks continue shedding liabilities before the monetary authorities and nonresidents amid the credit market stagnation. In October, for the first time the banking sector's profit has reached the level of last year, however, the operating profit remains rather low on the whole

In Q1 2015, there emerged the first signs of two negative trends approaching a break point: the inflow of individual funds into bank accounts and deposits finally reappeared, and after several months of negative financial results the banking sector managed to finish March 2015 in the black. At...

February 2015 saw almost all of the trends prevailing over the recent months: the retail credit portfolio saw negative 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...

In early 2015, Russia's banking sector was operating under an increasing impact from several negative trends that had first become prominent towards the end of 2014. January 2015 became the second-in-a-row lossmaking month for banks, the second-in-a-row month of declining debt against retail...

Late in 2014, Russia's banking sector was driven by the ruble's devaluation and mounting crisis-related developments in the economy, firstly the decline in real disposable household income. Banks sustained big losses for the first time since 2009, and the money market regulator strengthened its...

The Russian banking sector in November was affected 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...

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' confidence in the banking system – growth in the deposit base was...

The growth of bad assets in the banking sector slowed down significantly in 2016. This has resulted in a decrease of reserves increment against potential losses on loans and other assets and was the principal factor for restoring banking profit in 2016