Home  Journals  Finance and Credit  39(471) - 2011 October

Industrial priorities of the Russian banking sector

Available online: 1 November 2011

Subject Heading: BANKING BUSINESS

JEL Classification: 

For Russian commercial banks energy companies have been traditionally among top borrowers. It may be explained by the role which the energy sector plays in the Russian economy. Currently only largest commercial bank may satisfy the needs of energy companies in credit and investment resources. Russian commercial banks have to compete with foreign financial institutions. The most important factors of successful competitive strategy on the Russian market are the expansion of lending operations in strategic industries and development of new cash-management products.

Keywords: energy sector, commercial banks, credit portfolio, competitive strategy

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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