Russian Federation: Financial Sector Stability Assessment Update

Publication Date:

April 21, 2010

Electronic Access:

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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:

English

Publication Date:

April 21, 2010

ISBN/ISSN:

9781455206476/1934-7685

Stock No:

1RUSEA2010001

Pages:

56

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