Ilya Nikiforov

City: Saratov

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Articles

Economic Sanctions Impact on the Financial State of Russian Banking System

ART 56053

Author:

Ilya Nikiforov

The article reveals the effects of the imposed economic sanctions against the Russian Federation and its banking sector. The dynamics of basic indicators of banking activities of five major state-owned banks in the period from 2013 to October 2015 are analyzed.

Keywords: economic development, sanctions, net income, outstanding debt, financial indicators, banking sector