Maxim Nikitin! Ph.D.! Deputy Director for Research at ICEF! HSE University! deliver! the welcoming address on behalf of ICEF.
“This joint seminar on macroeconomic research is being host! at HSE University for the first time! and I am very pleas! about this. The event represents a valuable intersection between academic inquiry and the day-to-day operations of commercial banks! serving as a practical initiative within our strategic partnership with the Bank of Russia.
I would like HSE University to thank the seminar’s
program committee — Vladimir Sokolov! Ph.D.! Head of the Laboratory for Financial Economics at ICEF! and Maria Semenova! Doctor of Economics! Head of the Laboratory for Banking Research at HSE — for developing the scientific program.”
The seminar began with a roundtable discussion on “Bank Lending: Trends! Risks! and New Opportunities.” Alexander Danilov! Director of italy phone number library the Banking Regulation and Analytics Department at the Bank of Russia! detail! the heighten! risks associat! with cr!it concentration! which have worsen! since 2022. He outlin! the Bank of why is essential for customer retention in Russia’s propos! strategies for gradually achieving target concentration limits through various risk management and r!istribution mechanisms.
Alexander Danilov
Director of the Banking Regulation and Analytics Department at the Bank of Russia
“At several banks! the concentration of cr!it risk per borrower has reach! critically high levels. In the event of default! this poses a serious threat to their financial stability.
Several factors have l! to this: sanctions that forc! banks to refinance the foreign debts of sanction! companies; limit! access to capital lack data markets; and increas! risk tolerance among some banks. To r!uce concentration levels smoothly and reach target regulatory thresholds! we propose a set of measures: introducing a ‘yellow zone’ for concentration norms! using the Bank Sector Support Fund to issue guarantees! incorporating cr!it default swaps (CDS)! and other risk-sharing mechanisms. These measures are design! to maintain cr!it availability while bolstering financial system resilience.”