Such “treatment” and complain that turkey telegram data they cannot get a loan. Even banks are unhappy with what they call “the high regulatory burden.” What should they do?
— Don’t take on too much debt, especially when interest rates are so high. If you’re approaching an intersection at speed and the light is red, you need to slow down, even if you really want to get through.
Lending will cheaper for companies
and individuals when we achieve a sustainable slowdown in inflation. But even in this situation, our macroprudential policy will continue to stimulate healthy lending. We expect banks to maintain reasonable requirements for borrowers’ creditworthiness.
Shocks threaten the Russian economy
right now? Is the Central Bank managing to cover the most vulnerable areas?
— There are external shocks that the Bank of Russia cannot influence, we can only prepare the financial sector for them — a drop in oil prices, a pandemic or sanctions. And there are online marketing and customer contact vulnerabilities in our country’s financial system that we can influence, and we are already doing so. For example, as I said, we require banks to create capital buffers alb directory that increase their resilience in the event of loan defaults and other risks.