|
|
 |
|
Viewing report
|
|
|
|
Bank Industry Risk Analysis: Russia Apr 03
Standard & Poors, April 2003
Abstract
Will Russian banks be lovelier the second time around? Four years after the devastating financial crisis of 1998-1999, the Russian banking sector has rebounded and rebuilt its commercial and financial base. But some old bad habits live on, and in certain important ways the sector has not reformed, limiting the potential for significant improvement in the creditworthiness of its banks. The improved economic environment has been the principal driver of the Russian bank rebound. The financial sector has grown significantly and its financial performance has improved over the past few years. Deposits and loans more than doubled from year-end 2000 to year-end 2002. Many leading private sector banks now have more focused and professional management teams, including foreign bankers filling...
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
|
|
|
|
