Retrospective analysis of key trends in the banking sector using the example of the Kaliningrad semi-exclave for the period January 2014 – January 2023

Abstract

   At present, the processes of strengthening and improving the financial system in the context of monetary policy are significantly affected by various kinds of adverse factors, in connection with which the Bank of Russia is forced to apply timely measures to stabilize and control the banking sector. The transformation of the national economy in the post-pandemic period, characterized by the financial crisis gaining momentum, has not bypassed the banking sector. Nevertheless, taking into account the emerging daily difficulties, the banking sector has proved to be resistant to the challenges of modern realities. The article analyzes the dynamics of fundamental indicators of the banking sector on the example of Kaliningrad region in the context of assets and liabilities of the Central Bank of the Russian Federation. The information and analytical materials of the Bank of Russia for the period of 2014-2023 formed the information basis for the analysis. The analysis made it possible to form conclusions about the level and dynamics of economic development in the context of the banking sector in the Kaliningrad region. The obtained results can be used by commercial banks for short-term planning of their activities, as well as when the Bank of Russia develops measures to ensure economic sustainability and financial stability of the banking sector aimed at improving national welfare and ensuring stable inclusive growth.