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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...
Persistent link: https://www.econbiz.de/10013031050
The financial sphere of Russia was the first sector of the national economy which was affected by the global economic crisis of 2008. Financial markets were hit first and then the banking sector experienced the liquidity problem to be followed by a full-scale economic crisis in Russia. Early in...
Persistent link: https://www.econbiz.de/10013097738
In 2013 the situation in the banking sector of the RF underwent major changes. On the one hand, the volume indicators of the banking sector continued to grow, although more slowly than before. However, this growth was mainly due to aggressive behaviour of the banks in the consumer lending...
Persistent link: https://www.econbiz.de/10013052304