Corporate Lending in January-July 2020

Monitoring of Russia's Economic Outlook. Trends and Challenges of Socio-Economic Development. Moscow. IEP. 2020. No. 15, pp. 16-18

3 Pages Posted: 14 Oct 2020

See all articles by Sergey Zubov

Sergey Zubov

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA)

Date Written: October 13, 2020

Abstract

On the back of the implementation of containment measures due to the spread of the coronavirus infection, the Central Bank of Russia took a host of regulatory measures aimed at reducing banks’ expenses on creation of loan loss provisions and stimulating soft lending. From the point of view of liquidity and capital provisions, the CB actions coupled with the banking system resilience allowed to avoid repetition of the credit shocks of 2008 and 2014 and ramp up volumes of corporate lending.

Keywords: Russian economy, corporate lending banking system

JEL Classification: G21, G24, G28

Suggested Citation

Zubov, Sergey, Corporate Lending in January-July 2020 (October 13, 2020). Monitoring of Russia's Economic Outlook. Trends and Challenges of Socio-Economic Development. Moscow. IEP. 2020. No. 15, pp. 16-18, Available at SSRN: https://ssrn.com/abstract=3710896

Sergey Zubov (Contact Author)

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) ( email )

Vernadskogo Prospect 82
Sredny av. V.O., 57/43
Moscow, St. Petersburg 119571
Russia

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