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Research at Burgas Free University >
3. Списание 'Бизнес посоки' >
2020 Брой 1 EN >
Please use this identifier to cite or link to this item:
http://research.bfu.bg:8080/jspui/handle/123456789/1058
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| Title: | THE ACTIVITY OF TRANSNATIONAL BANKS IN THE RUSSIAN PERSONAL LOAN MARKET |
| Authors: | Dimov, Sava
Smirnov, Valeriy
Smirnova, Vladlena
Fedunin, Aleksandr
Medvedeva, Mariy |
| Keywords: | multinational banks
banking sector
consumer lending
Russian market
mortgage
JEL classification system: F01, G15, G18, G21 |
| Issue Date: | 2020 |
| Publisher: | Бургаски свободен университет, 8000 Бургас, ул. "Сан Стефано" №62 |
| Series/Report no.: | 2020 Брой 1 EN;с. 18-32 |
| Abstract: | The Russian banking system is in constant state of motion trying to satisfy the changing needs of the market. Consumer lending in Russia is playing an important role and continuously developing and expanding for the recent time. The rapid volume increase of personal loans issued by banks was one of the key trends in 2018-2019. Growth rates were peaking in recent years, causing the concerns about a possible overheating in the market. As a result, the Central Bank of Russia took measures to limit lending to citizens. Nowadays, there two main questions: what are the reasons of such a sharp increase in consumer lending and is there really a threat of a “bubble” explosion in the market? |
| URI: | http://research.bfu.bg:8080/jspui/handle/123456789/1058 |
| ISSN: | 1312-6016 (Print)
2367-9247 (Online) |
| Appears in Collections: | 2020 Брой 1 EN
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