-

Evolution of the Russian Banking System in 2013-2019: Key Facts and Trends

Kirill D. Shilov – Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Andrey V. Zubarev – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In this study we analyse the changes that occurred in the Russian banking system in 2013–2019. Trends are revealed in the dynamics and structure of bank liabilities and assets, in particular, the growth of long-term loans at the expense of short-term liabilities increase. An econometric analysis of factors that significantly affected default probability of Russian banks in 3 sub-periods is conducted: from mid-2013 to the end of 2016, during 2017 and from 2018 to mid-2019. The results indicate that the reasons for bank defaults have changed recently.

Key words: Russian banking system, defaults, sanation, central bank, bank balances.