Sunday, September 21, 2014

New Standards, “Basel” only hurt the Russian economy and the activities of banks – Express-News

New Standards, "Basel" only hurt the Russian economy and the activities of banks – Express-News

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21.09 | 21:26

Increased capital requirements for banks, which is due to standards “Basel III», probably will not be very tough for the Russian state. This statement was made by Deputy Finance Minister Alexei Moiseev.

During his speech at the forum in Sochi Moses criticized the central bank for excessive rigidity: “I am very worried about this, when I learned that” Basel “presented too high for Europe standards, which is why all ratings were downgraded. Then I thought, if it is high for them and for us – it’s all … When I decided to look into the matter more carefully ».

Meanwhile, the head of VTB Andrey Kostin proposed postponement of implementation of standards” Basel III », so as is currently the country’s complex geopolitical situation. Due to the last capital of banks built up today is very difficult and bad, and a new standard of “Basel” will only complicate the situation.

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