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Banking Sector in 2017: The Year’s Contradictory Results

Michael Khromov – Head of Department for Financial Studies of the Gaidar Institute; Senior Research fellow of the Center of Structural Research, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The Russian banking sector remains unstable. In 2017, renewal of growth in bank assets and individual segments of the lending market was accompanied by falling profits and large volumes of substandard assets being identified with large banks undergoing financial restructuring.

Key words: Russian banking sector, bank assets, bank profit, banks with revoked licenses, bank resolution.