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Russian banking sector undergoing difficulties due to ruble devaluation, sanctions

October 28, 2015, 16:35 UTC+3 MOSCOW
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MOSCOW, October 28. /TASS/. Russia’s banking sector is undergoing difficulties related to the ruble’s devaluation and anti-Russia sanctions, Deputy Chairman of the executive board of Russia’s top lender Sberbank Bella Zlatkis said on Wednesday.

"You may hardly find anyone to say the banking sector is fine. Russia’s banking sector is undergoing serious difficulties related to both devaluation [of the ruble - TASS] and sanctions. If 2-3 banks are shut down each week in the country, if each year the number of such banks rises, if tens of banks face problems with capital and liquidity I assume one cannot say such banking system is healthy enough," she said.

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