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Capital market potential not exhausted in Russia — Central Bank

"We understand long-term financial resources are required for development of the economy, for investments in labor productivity, in technologies," Elvira Nabiullina noted

ST. PETERSBURG, July 3. /TASS/. The capital market potential in Russia is far from being exhausted, Governor of the Central Bank Elvira Nabiullina said.

"We understand long-term financial resources are required for development of the economy, for investments in labor productivity, in technologies, and we therefore are working proactively on development of the fixed-income market and the stock market," she said.

"I think the capital market is definitely possible and its potential has not been exhausted. We need long-term financial resources, including long-term loans," Nabiullina added.

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Central Bank of Russia

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