Title: Dynamics Of Number Of Profitable Credit Companies In The Context Of Changes
Abstract: The development of the Russian banking sector is not steadily progressive. It has various intensity and direction in various periods, which calls for a detailed analysis of the causes of uneven growth and reductions, as well as a comprehensive study and analysis of regular drops in the sector's key indicators and the reactions of its players to the events in the country and in the world that can be reflected, among other things, in the changes of their aggregate profitability. This article presents an assessment of the proportion dynamics for profitable credit companies. It is a component of preliminary banking sector development efficiency and sustainability assessment, as well as that of the financial situation of its players and their capabilities to extend the funding of the national economy. The authors identify the key factors influencing the trends, character, and steadiness of the changes that have been taking place over recent years. In this research, we used the methods of logical and statistical analysis, observation, generalization, and classification. The most important factors include the aftermath of the world financial crisis of 2008-2010, the regulator's policy to eliminate unsustainable banks from the financial market, the introduction and tightening of sanctions against the Russian financial sector by some foreign countries, and the introduction and development of a differentiated approach to regulating banking operations. The overall banking sector development dynamics are not negative and it requires further observation, detailed research, and analysis.