Table of Contents
Executive Summary — 5 Table: Levels
(RUBbn) — 5 Table: Levels (US$bn) — 5
Table: Levels At December 31 2007 — 5 Table: Annual Growth
Rate Projections, 2007-2012 (%) — 5 Table: Ranking Out Of
59 Countries Reviewed In Q208 — 6 Table: Projected Levels,
2007-2012 (RUBbn) — 6 Table: Projected Levels, 2007-2012
(US$bn) — 6 Key Issues — 7 SWOT
Analysis — 9 Russia Commercial Banking
SWOT — 9 Russia Political SWOT — 9
Russia Economic SWOT — 10 Changes To The Commercial
Banking Report — 11 The Global Financial Crisis –
Continued — 11 Table: Selected European Countries –
Projected Budget And Current Account, 2008 (as % of
GDP) — 13 New Information From
Q209 — 16 Commercial Banking Business Environment
Rating — 17 Table: Russia’s Commercial Banking
Business Environment Ratings — 17 Table: Central And
Eastern Europe Commercial Banking Business Environment
Ratings — 18 Bank Lending — 20 Lending
Overview — 20 Table: Lending Overview
(RUBbn) — 20 Total Assets, Client Loans And Client
Deposits — 21 Table: Comparison Of Total Assets, Client
Loans And Client Deposits (US$bn) — 21 Per-Capita
Deposits — 22 Table: Comparison Of Per-Capita Deposits,
Late 2007 (US$) — 22 Country
Outlook — 23 Macroeconomic Trends And
Developments — 23 Table: Russia – Economic Activity,
2004-2013 — 34 Political Outlook — 35
Industry Forecast Scenario — 38 Table: Annual Growth Rate
Projections, 2007-2012 (%) — 38 Table: Projected Levels,
2007-2012 (RUBbn) — 38 Table: Projected Levels, 2007-2012
(US$bn) — 38 Comment On Developments Over Last
Year — 38 Comment On Forecasts — 39
Comment On Trends and Ratios — 40 Table: CEE –
Comparison Of Loan/Deposit, Loan/Asset And Loan/GDP Ratios, Late 2007/Early
2008 — 40 Banks’ Bond
Portfolios — 43 Table: Bond Portfolios, Late
2007 — 43 Competitive Landscape And
Protagonists — 45 Country Snapshot: Russia Demographic
Data — 46 Section 1: Population — 46
Table: Demographic Indicators, 2005-2030 — 46 Table:
Rural/Urban Breakdown, 2005-2030 — 47 Section 2: Education
And Healthcare — 47 Table: Education,
2002-2005 — 47 Table: Vital Statistics,
2005-2030 — 47 Section 3: Labour Market And Spending
Power — 48 Table: Employment Indicators,
2001-2006 — 48 Table: Consumer Expenditure, 2000-2012
(US$) — 48 Table: Average Annual Wages,
2000-2006 — 49 Methodology — 50 Basis
Of Projections — 51 Commercial Bank Business Environment
Rating — 51 Table: Commercial Banking Business Environment
Indicators And Rationale — 53 Table: Weighting Of
Indicators — 54
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