Determinants of the Russian banking sector development as the drivers of economic growth
Автор: Voronova Natalya Stepanovna, Miroshnichenko Olga Sergeevna, Tarasova Anna Nikolaevna
Журнал: Economic and Social Changes: Facts, Trends, Forecast @volnc-esc-en
Рубрика: Public finance
Статья в выпуске: 4 (46) т.9, 2016 года.
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The paper substantiates the relationship between the situation in the national banking sector and Russia's economy. Using the data provided by the Bank of Russia [8; 9; 10], Federal State Statistics Service [2], IBM SPSS Statistics software product, the authors have carried out a regression-correlation analysis of the main indicators of the Russian banking sector in 2005-2015 and GDP. It has been found that there is the strongest positive correlation between GDP and aggregate banking risks and also the profit of credit institutions; the correlation between GDP and aggregate financial result of the banking sector is weaker; the return on equity has no significant relationship with major indicators of banking activities, except for a moderate negative relationship with the aggregate value of regulatory capital; the return on equity in the Russian banking sector is affected adversely by subordinated debt in the structure of capital. In a stable economic situation (2005-2007, 2010-2013) the authors point out a correlation between capital and the profit of the banking sector; in a crisis situation (2008-2009, 2014-2015), there is a correlation between capital and the profit of profitable credit institutions alone...
Banking, capital adequacy, profitability, business cycles, capital portfolio
Короткий адрес: https://sciup.org/147223853
IDR: 147223853 | DOI: 10.15838/esc.2016.4.46.9
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