The number of commercial bank branches in Russia saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 21.64 branches per 100,000 adults. Nevertheless, this was the first time during the observed period that the number of commercial bank branches increased in Russia. Commercial banks are financial institutions which offer consumers and small to mid-sized businesses with basic banking services such as deposit accounts and loans. They make money from a variety of fees and by earning interest income from loans. A bank branch is a physical location of a banking corporation.
The source defines commercial bank branches as 'retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.'
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World Bank. (October 24, 2024). Total commercial bank branches per 100,000 adults in Russia from 2013 to 2023 [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/564718/commercial-bank-branches-per-100000-adults-russia-europe/
World Bank. "Total commercial bank branches per 100,000 adults in Russia from 2013 to 2023." Chart. October 24, 2024. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/564718/commercial-bank-branches-per-100000-adults-russia-europe/
World Bank. (2024). Total commercial bank branches per 100,000 adults in Russia from 2013 to 2023. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/564718/commercial-bank-branches-per-100000-adults-russia-europe/
World Bank. "Total Commercial Bank Branches per 100,000 Adults in Russia from 2013 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/564718/commercial-bank-branches-per-100000-adults-russia-europe/
World Bank, Total commercial bank branches per 100,000 adults in Russia from 2013 to 2023 Statista, https://www.statista.com/statistics/564718/commercial-bank-branches-per-100000-adults-russia-europe/ (last visited December 26, 2024)
Total commercial bank branches per 100,000 adults in Russia from 2013 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/564718/commercial-bank-branches-per-100000-adults-russia-europe/