Banking Sector: Plenty of Room For Growth

February 2008 | Economic Analysis

The Russian banking sector is expected to remain a strong growth story over the long term, with rising household wealth and corporate expansion initiatives underpinning solid asset expansion. Structural reforms of the banking industry that are expected to continue under President Vladimir Putin's likely successor Dmitry Medvedev, and limited sectoral exposure to global credit markets, should further underpin stability going forward.

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