Bank Lending Market: Growth Due to Target Business

Michael Yu. Khromov – Head of Department for Financial Studies of the Gaidar Institute; Senior Researcher of the Presidential Academy of National Economy and Public Administration (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Elizaveta V. Khudko – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration; Senior Researcher of the Gaidar Institute; Candidate of Economic Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In 2018, banking credit pays the key role in the provision of the corporate sector’s borrowed resources. From 2014 through 2017, increment of the total bond market debt exceeded Rb 1 trillion, which was comparable with the bank debt growth of the corporate borrowers. Bank lending notably increased in 2018. Large business increased its presence both in the bank lending market and in the bank market.

Key words: Russian banking sector, bank lending, corporate borrowers, non-financial organizations, financial organizations, domestic bond market.