EBRD sees no sign of banking crisis in Russia

The European Bank for Reconstruction and Development's senior economist, Ivan Szegvari, has said Russia is not in danger of a banking crisis similar to August 1998. At the presentation of the EBRD's report on transition economies he said the view was based on the high price of oil, level of institutional development and general macroeconomic stability.

Source: Interfax

The European Bank for Reconstruction and Development (EBRD) does not think there is any prospect of a banking crisis in Russia.

Th

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account