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
Date Written: October 13, 2020
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: Suggested Citation