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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…
It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…
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DOI: 10.1108/OXAN-DB238519
ISSN: 2633-304X
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Geographic
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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Geographic
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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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Measures to keep Russia's banking system sustainable.
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…
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DOI: 10.1108/OXAN-DB271836
ISSN: 2633-304X
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Geographic
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The slowing down of Kazakhstan's economy continues against a background of slow global growth, the turbulent economic situation in Russia and low oil prices. Lower-than-projected…
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DOI: 10.1108/OXAN-DB197574
ISSN: 2633-304X
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Geographic
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Russia's banking sector suffered a USD26bn loss in January-June. Russia is shut out of international capital markets and is almost exclusively reliant on domestic investors to…
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DOI: 10.1108/OXAN-DB272967
ISSN: 2633-304X
Keywords
Geographic
Topical
Cut off from international financial markets, Russian banks are struggling to make cross-border payments and domestic lending is greatly curtailed. The CBR believes the sector is…
Impact of Brexit on Japanese investment into the United Kingdom.