Economists: the majority of systemically important banks asked the Central Bank credit – RIA Novosti

MOSCOW, February 21 -. RIA Novosti Applications to the Bank of Russia in the opening lines of credit to meet the standard short-term liquidity has filed the majority of systemically important signs suggest polled by RIA experts News

Standard. short-term liquidity is introduced from 1 January to 10 systemically important banks, the minimum allowable value of LCR ( “Basel III”) is set at 70% with a gradual increase this value to 100% in 2019. As noted by the end of 2015 the regulator, revealed a lack of highly liquid assets in the Russian financial system, and the Central Bank of the Russian Federation provided an opportunity for the banks to take the irrevocable lines of credit, which may be included in the LCR calculation, as well as to include in its calculation of the surplus foreign currency assets.

The head of the Bank of Russia Elvira Nabiullina said that the Central Bank has approved a number of systemically important banks’ credit lines amounting to about 600 billion rubles for the implementation of standard short-term liquidity (LCR). The list of systemically important banks include Sberbank, Gazprombank, VTB, Alfa-Bank “Opening”, Rosbank, Promsvyazbank, Raiffeisenbank, “UniCredit” and Rosselkhozbank. However, only the PSB and “UniCredit” RIA Novosti reported that allow for the possibility to apply for a loan with the Central Bank.

Managing Partner Paul NAFI Samiev believes that for credit lines to 600 billion could not address only two players. “For such a sum, of course, appeals are not one or two, and more, in my estimation,” – he said.

Leading economist of transactions in the money market bank “Revival” Michael Berulava considers that the application is filed most of the players included in the list of systemically important

. “Support for the Central bank of systemically important banks – is the right decision, I think that the majority of its member banks have already applied to the application – it is a logical step in the current difficult conditions”, – Berulava stressed.