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Sergey A. Zubov – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration, Сandidate of Economic Sciences, Associate Professor (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Owing to the Russian banking sector’s stability based on excess liquidity and high levels of capital, banks can step up corporate lending operations on the market. Overdue debts remain at a low level, while the debt on loans restructured because of the pandemic keeps growing and represents a potential credit risk.

Key words: Russian banking sector, corporate lending, Bank of Russia.

JEL-codes: D81, E58, G21, G38.