FEATURES OF RUSSIAN BANKS FUNCTIONING IN PANDEMIC CONDITIONS
The banking system around the world and in Russia during the Coronavirus pandemic quickly responds to challenges, opportunities and consequences. The 2020 pandemic was the start of a downturn in economies around the world. The crisis influenced the development of all states, both developed and developing. At the end of March 2020, the International Monetary Fund marked the beginning of a global recession. The situation related to the Coronavirus has led to a decrease in the values of the main macroeconomic indicators. The fall in oil prices on the world market also had an important impact. As a result, there was a slight decrease in business activity of economic entities, including the banking sector. An effective measure to support the national economy and prevent bankruptcy of bank institutions in the context of the coronavirus pandemic is to reduce the key rate of the Central Bank and keep it at the same level for a long period. The purpose of this article is to study the main financial indicators of the activities of Russian banks in the context of the new financial crisis. The purpose of this article is to study the main financial indicators of the activities of Russian banks in the context of the new financial crisis.