Recovery of Russian banking sector may take several years

Recovery of Russian banking sector may take several years

Financial rehabilitation of Russian banking sector may take several years more, Chairperson of the Bank of Russia Elvira Nabiullina said.

"The period of proactive recovery of the banking system will continue for some more time. We hope to reach a situation when there will be very few revocations of licenses annually. However, this will take several years more," TASS cited her as saying.

6865 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.