COVID-19 impact on bank revenue/loss in Russia 2020-2021, by scenario

According to experts, the Russian banking system would record revenues in 2020 and 2021 only if the critical state of the crisis caused by the coronavirus (COVID-19) pandemic and sinking oil prices had its negative effect only during 2020. In less optimistic cases, the banking industry was expected to incur losses over the indicated period.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Estimated revenue/loss of the Russian banking system in the view of the coronavirus (COVID-19) in 2020 and 2021, by stress scenario*

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

March 2020

Region

Russia

Survey time period

March 2020

Supplementary notes

* According to the source, the severe scenario estimates that the critical phase of the crisis to last through the whole 2020, with the negative trend continuing until the end of 2021. Under such setting, the losses of the banking sector can be comparable to that of 2008.

The negative scenario implies that the critical phase of the crisis will end after the first half of 2020, with the negative trend continuing for another year,

The moderate scenario will not lead to losses in the banking sector, but it will still require significant efforts from the players to maintain the quality of the portfolios. According to this scenario, the critical phase of the crisis and the negative manifestations will affect only 2020.

The source specified that the revenues or losses are before taxes.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 / Month *
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "The coronavirus disease (COVID-19) pandemic 2019-20"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.