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Financial news
Mr. Dvorkovich Supports Decapitalization of Banks
15 апреля 2009 г.
" If terms and conditions for Russian strategic banks’ decapitalization are not provided for that they should loan credits to business under reasonable conditions, the output from crisis will be fast longer ", - has told Mr. Dvorkovich.
As he has said, the mechanism of granting junior loans to banks still is not used completely as controlling tools for monitoring of the capital proper use are not elaborated. In the opinion of the assistant to the president, it is not necessary to hope only for decrease of the refinancing rate as in high credit rates banks put not only the cost of resources, but also the risk premium which do not decrease. «It is necessary to solve these problems in a complex. Speed is important here. It is necessary to have the process completed in several months ", - considers Mr. Dvorcovich.
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Dmitry Medvedev addressed the St Petersburg International Economic Forum's plenary session
Mr. Kudrin: Bank Recapitalization Should Resist the Second Surge of Crisis
Mr. Kudrin: the Dollar Exchange Rate Will Exceed 30 Roubles
Mr. Medvedev Considers Inflation to be the Main Problem of Russia