The Banker called the best Nabiullina head of the Central Bank in Europe – RBC

the British magazine the Banker has named the head of the Russian Central Bank Elvira Nabiullina best Central Bank Governor of the year in Europe. The appropriate rating is published on the official website of the journal.

“the Central Bank of Russia over the last few years has done a great job: he brought the country out of economic crisis, in combination with currency devaluation and problems in the banking sector”, — writes the magazine. According to the authors of the rating, pass through the difficulties helped the Russian economy “strong arm” Nabiullina, with the result that in 2017 Russia can be expected to economic growth.

Among the achievements of Elvira Nabiullina, The Banker noted the low level of inflation in the country, which, according to the newspaper previously never fell to the level of 6.1% per year, but thanks to the efforts of the head of the Central Bank has slowed to a record 6% by the end of 2016 from 12.9 percent at the beginning of the year.

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the Second important achievement of the Central Bank under the leadership of Nabiullina the magazine says that strict measures to rehabilitate the banking sector, which led to the revocation of licenses, “one-third of credit organizations in Russia”.

in addition, said The Banker Nabiullina together with the Ministry of Finance is working on the concept of the new pension system.

a Year earlier the best head of the Central Bank in Europe by the Banker was the Bank of England Governor mark Carney.