Iranian oil minister says non-OPEC countries to cut oil production by 600,000 barrelsBusiness & Economy December 10, 19:42
Source claims OPEC and non-OPEC states finalizing results of meeting, agreement 'close'Business & Economy December 10, 17:07
Bloomberg: Non-OPEC states agree to cut oil production by more than 600,000 barrelsBusiness & Economy December 10, 16:22
More than 20 states that produce more than half of world's oil take part in OPEC meetingBusiness & Economy December 10, 13:05
Russian energy minister Novak sees 'no risk' OPEC agreement failsBusiness & Economy December 10, 12:43
Defense ministry organizes mass escape for Aleppo civilians via humanitarian corridorsWorld December 10, 12:38
Almost 18,000 civilians evacuated from areas of Aleppo controlled by militantsWorld December 10, 7:41
Russian swimmers win 11 sets of medals at FINA World Swimming Championships (25 m)Sport December 10, 7:00
Shiveluch volcano in Russia’s Far East spews ash to 11 km in airWorld December 10, 5:28
TULA, February 5. /TASS/. Russian banks may need additional financial support if the situation in the national economy deteriorates, Central Bank Deputy Chairman Mikhail Sukhov said on Thursday.
The Russian banking sector may be confronted with serious problems if developments in the domestic economy deviate from the baseline scenario prepared by the Economy Ministry, he said.
"Banks are operating absolutely adequately to the current economic conditions. Problems in the banking sector may arise only if economic parameters go far beyond the framework of the existing economic forecast," Sukhov said.
At the same time, banks will face no problems, if the national economy develops in line with the Economy Ministry’s baseline scenario, the Central Bank official said.
Russian banks’ recapitalization by 1 trillion rubles ($14 billion) through the Deposit Insurance Agency will boost the domestic banking sector’s capital by 13-15%, Finance Minister Anton Siluanov said in late December.
"The 1 trillion-ruble volume will help boost the banking system’s capital by 13-15%," the minister said.
This amount is required for the Russian banking system’s recapitalization to comply with capital adequacy ratios and increase lending by at least 1% a month, he said.