Strong Loan Growth to Drive Russian Banking Industry

Rapid lending growth and increasing banking penetration will assist growth of the Russian banking assets at a CAGR of around 14% during 2011-2014, says RNCOS. End Quote

(1888PressRelease) March 01, 2011 - According to our research report "Russia Banking Sector Analysis", the Russian Federation was one of the most severely recession hit economies in the world. Russian banking sector faced the jittery environment efficiently and came out with double-digit growth rates. The economy stabilized during 2010 and banking sector started prospering again on the back of strong credit demand in the country, thus improving the profitability of banks. It is expected that the banking assets in Russia will grow at a CAGR of nearly 14% during 2011-2014.

We have found that the industry will witness a growth in terms of both loans and deposit products, especially in the retail segment. This segment has increased its market share of total banking activities enormously during the last 5 years, however it still remains largely under penetrated. Along with this segment, activity in the corporate segment will also sustain upward growth trend in the coming years due to various reasons discussed in the report.

Further, our report discusses the direction, in which, the banking sector is likely to move in near term considering the possible impact of global financial crisis. The report also features forecasts for all the important banking performance indicators, such as deposits, loans, and bank cards. It also includes changing dynamics of the market share among various categories of banks in the industry.

Besides, our report provides regulatory developments in the country's banking industry. The report has also identified key players and provided their thorough business description and recent activities.

"Russia Banking Sector Analysis" provides latest developments in the banking sector of the Russian Federation. The report discusses all the important performance indicators of the Russian banking sector in detail. Besides, the report analyzes the trend of macroeconomic factors critical to the banking sector and their impact on the sector. Additionally, the report sheds light on the emerging market opportunities, which are expected to decide the future of the Russian banking sector.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM120.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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