The head of the Financial Stability Department of the Central Bank of Russia, Elizaveta Danilova, confirmed that the regulator and its management had no “devious plans” suspend loans in the country. TASS reports on this today, November 1.
On the contrary, according to Danilova, the Bank of Russia is taking measures specifically targeting risky loans.
The words of a representative of the Central Bank occurred at a meeting of the young economists club “What will happen next?”
“Naturally, we have never had such insidious plans to stop lending altogether. We didn’t say that. And even when we implement our macroprudential measures, we always see that we are limiting risky lending. And at the same time, we analyze to what extent our measures affect financial inclusion.” – said Danilova.
The representative of the regulator also noted that in the current situation the banking sector remains stable, the Bank of Russia does not wait; “some important problems”.
