Russian banks to meet commitments before citizens in any currency - Central Bank
By Trend
Russian banks have enough resources to meet all their commitments before the citizens in any currency, Russian Central Bank’s chief Elvira Nabiullina vowed on Saturday, TASS reports.
"We have enough resources and tools to ensure that banks meet their commitments before the citizens in any currency," Nabiullina said on Rossiya’1TV channel during the Vesti on Saturday with Sergei Brilev news program.
Last week, Nabiullina said that the Central Bank saw no threats for foreign currency deposits in case of tougher sanctions against Russia and was not going to force banks to convert these deposits into rubles.
Head of Russia’s top lender Sberbank German Gref told reporters that the bank was not considering plans of converting dollar deposits into rubles and did not see an increased demand for converting the deposits.
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