Russian Federation: Financial Sector Stability Assessment Update
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Summary:
This paper presents the Financial Sector Stability Assessment Update on the Russian Federation. Indicators of bank soundness and performance are broadly favorable but credit risk poses a challenge over the medium term, and capitalization should rise to support continued banking sector development. The system has weathered the global credit crunch that began in mid-2007, yet the funding model is coming under strain as the turmoil in global markets continues. Capital markets have grown dramatically in recent years but remain highly concentrated.
Series:
Country Report No. 2010/096
Subject:
Banking Correspondent banking Credit Financial institutions Financial regulation and supervision Financial sector policy and analysis Financial services Insurance companies Loans Market risk Money Stress testing
English
Publication Date:
April 21, 2010
ISBN/ISSN:
9781455206476/1934-7685
Stock No:
1RUSEA2010001
Pages:
56
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