Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
Experts say Russian hackers strongly demonized in USRussian Politics & Diplomacy April 28, 20:35
Ferrari drivers clock best time in Practice Two of Russia F1 GP in SochiSport April 28, 19:54
Red Bull’s advisor Marko says Kvyat to possibly remain with Toro Rosso next yearSport April 28, 19:16
Pope Francis blesses pregnant TASS correspondent en route to EgyptWorld April 28, 18:55
Russian diplomat says use of military force against North Korean unacceptable, dangerousRussian Politics & Diplomacy April 28, 18:45
UN chief calls for lowering risk of miscalculation concerning North Korea issueWorld April 28, 18:15
Moscow deeply regrets Montenegro’s decision to join NATORussian Politics & Diplomacy April 28, 18:07
Maria Sharapova reaches Porsche Grand Prix semifinalsSport April 28, 17:50
MANILA, November 18. /TASS/. There is no crisis in the banking sector, the situation is completely under control, VTB Head Andrey Kostin told journalists Wednesday on the sidelines of the APEC summit.
"I always shout that there is no crisis. There are many challenges. Some have difficulties with capital, there is the difficulty, of course, with profit; there is a high rate of refinancing, which hurts banks. But in general the situation is completely under control," he said.
Kostin added that the number of banks will be reduced. "I have always predicted [decline in the number of banks — TASS]. Expectations are simple. Look how many licenses the Russian Central Bank withdraws in a year. That will be an approximate number for one year. It varies — 60, 70, 80 licenses per year," he added.
Earlier, the Head of Sberbank German Gref said that Russia is experiencing a large-scale banking crisis. According to him, next year will be no less difficult for the Russian banking system.