Open AccessRussia’s banking sector during the pandemic
Author(s) -
E. N. Gavrilova
Publication year - 2022
Publication title -
vestnik universiteta
Language(s) - English
Resource type - Journals
eISSN - 2686-8415
pISSN - 1816-4277
DOI - 10.26425/1816-4277-2021-11-157-163
Subject(s) - pandemic , monetary policy , financial crisis , business , isolation (microbiology) , financial system , covid-19 , real economy , russian economy , economic policy , economics , economy , economic system , monetary economics , macroeconomics , medicine , microbiology and biotechnology , disease , pathology , biology , infectious disease (medical specialty)
Quarantine and self-isolation have become a new challenge for the Russian economy, changed many areas of our life, revealed new weaknesses in the banking system and monetary regulation of the economy, and also become a good test for the post-crisis financial system. In this article using a systematic approach to the study of information, analytical and graphical methods the dynamics of the Russian banking sector during the development of the coronavirus pandemic and the specifics of recovery from the crisis have been investigated. The innovations and improvements brought about by the pandemic have been studied. The Central Bank of Russia’s monetary policy instruments used to mitigate the impact of the pandemic on the real economy in general and on the banking sector in particular have been reviewed. The features of anti-crisis measures taken by the monetary authorities in our country have been revealed.