In 2017 the Russian banking sector will rapidly recover. This was stated by Director of Department of financial stability of Bank of Russia Sergey Moiseev, reports Rambler News Service. He added that it threatens the inflation of appetite of credit institutions to dividends and bonuses, and increases in their costs.
“From the perspective of leading indicators, from the perspective of the internal life of the banks it staff is spending on the wage — it is clear that the sector is showing signs of recovery. I believe that the Bank of Russia will be able to achieve the goal of price stability in the near future”, — he stressed.
This, in turn, means that the industry will see a surplus of liquidity, and this situation will create the preconditions for rapid growth of the banking sector, says Moiseev.
7 April it became known that the Russian credit organizations in January-March of 2016 received a profit of 107 billion rubles. It is 18 times more compared to the same period of 2015.
According to the Central Bank, Russian banks have a stock of spare capital of 1.7 trillion rubles, which allows you to increase lending to the economy.
