Russian companies and banks remain resilient
24 May 2024
News
Russian manufacturers’ profitability and debt service-to-income ratios have generally improved despite increased sanctions pressure, driven by a recovery in sales.
Tight monetary policy has not significantly affected the resilience of banks. Their net interest margin edged down slightly and totalled 4.5% at the end of the first quarter.
Macroprudential measures have limited the over-indebtedness of households.
More details are available in the new issue of the Financial Stability Review.
