Social Sciences
5 years ago

Russian banks adapt to sanctions, improve corporate lending quality through digitalization.

Proceedings of the First International Volga Region Conference on Economics, Humanities and Sports (FICEHS 2019)
Bank Lending to Russian Enterprises in the Face of External Challenges
Nadezhda Piontkevich, Ekaterina Shatkovskaya

Paper Summary

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The article examines how Russian banks are lending to businesses during international sanctions. It looks at the amount of money being loaned to different types of companies and how well these loans are being paid back. The study suggests that by using digital technology and creating better loan options, the quality of corporate loans in Russia could improve.