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Banking sector profitability surged from RUB199bn (USD2.2bn) in 2022 to around RUB3.3tn in 2023. Rising profitability was generated by robust credit expansion, lower loan…
Banking-sector stability is vital for the functioning of the Russian economy: bank credit is facilitating economic restructuring. Although the sector withstood the first impact of…
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DOI: 10.1108/OXAN-DB278809
ISSN: 2633-304X
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Topical
The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…
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DOI: 10.1108/OXAN-DB286017
ISSN: 2633-304X
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However, small- and medium-sized enterprises (SMEs) play a significant role in the economy, especially in service industries. They also provide a rising share of new jobs. The…
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DOI: 10.1108/OXAN-DB283915
ISSN: 2633-304X
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At first glance, the economic performance observed last year seems impressive. However, the robust growth rate concealed many of the country's endemic economic flaws. Much of the…
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DOI: 10.1108/OXAN-DB285842
ISSN: 2633-304X
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Geographic
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The size of the rate hike attests to the CBR’s determination to tame domestic price rises at all costs, even though this is likely to restrict credit growth and dampen output. The…
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DOI: 10.1108/OXAN-DB281638
ISSN: 2633-304X
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Prospects for the Russian economy in 2022.
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DOI: 10.1108/OXAN-DB265610
ISSN: 2633-304X
Keywords
Geographic
Topical
Measures to keep Russia's banking system sustainable.
Officials are trying to correct high domestic prices which they see as unjustified, and to claw back what they regard as excessive profits earned by metals companies.
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DOI: 10.1108/OXAN-DB263274
ISSN: 2633-304X
Keywords
Geographic
Topical
Financial flows have all but halted because foreign investment is near-impossible and because capital controls and the risk of asset seizure abroad curb outflows. These dynamics…