The Central Bank: banks that fall under punishment until not need support
Russian Banks hit by fresh punishment of the West, are able on their own to cope with problems and until not need additional support, told Last news in the press service of the Bank of Russia.
On Tuesday, the US imposed sanctions against the Bank of Moscow, VTB and Russian agricultural Bank. Citizens and U.S. companies are prohibited to purchase debt obligations of these credit institutions or related entities, and also to carry with them any transaction for a period of more than 90 days. For its part, the European Union restricts the state Bank of the Russian Federation access to the European capital market. Economic penalties the EU against the Russian Federation are required to be presented on July 31 and will come into force on the next day.
The Central Bank first Tuesday said that If necessary, will assist these banks support.
" Banks that fall under the scope of punishments, are able on their own to cope with problems. Their currency position is balanced ", - reported in the notes of the Central Bank. These credit institutions enough capital, and adopted the opinion on the conversion of subordinated loans in first level capital creates additional financial resources, highlights the regulator.
While the Central Bank confirms that it is ready to provide these banks with liquidity through existing tools, if you will receive an additional risk factors." The CBR has the necessary tools to refinance the banking sector ", - assured the Central Bank.
The US and the EU does not recognize the annexation of Crimea to Russia and accused Moscow of interfering in Ukraine. Russia denies it and called such accusations are unacceptable. Western countries since March, has repeatedly imposed punishment on a number of Russian politicians, businessmen and organizations and threatened to make wider restrictive measures. The last case of use of such practices have become July punishment.
USA 16 July synchronized own sanctions list with European, imposing visa and financial limits on the part of politicians from Russia, and also introduced sectoral Economic penalties on the Russian military and primary organizations. In the U.S. capital and Brussels When it is ready If necessary to make wider sanctions lists. Full list of Russian Citizens and organizations that fall under punishment, -