Other assets increase (USD billion). Note: We assume that, in the absence of sanctions, asset accumulation by the banking sector would correspond to the average level during the period between the second and fourth quarters of 2013 (USD 1.1 billion). Source: Authors’ calculations based on data from Bank of Russia.

  Part of: Gurvich E, Prilepskiy I (2015) The impact of financial sanctions on the Russian economy. Russian Journal of Economics 1(4): 359-385. https://doi.org/10.1016/j.ruje.2016.02.002