MOSCOW - The Russian central bank is developing new criteria for a maximum debt level for domestic companies to prevent any possible systemic risk at an early stage, Elizaveta Danilova, head of the bank’s financial stability department, told Reuters.
“There should be systemic criteria, for example, a ratio of a company’s debt to gross domestic product in order to identify not only large borrowers for banks but to spot problems in large firms that can trigger systemic risks,” Danilova said. The corporate loans-to-GDP ratio stood at 32.1% at the start of 2019, up from 30.8% in early 2014 before Western sanctions were imposed on Russia but down from 40.1% at the start of 2016, according to the central bank’s data.The central bank also aims to cool down consumer lending growth by tightening banking capital requirements.
Easy. Stop loaning money to trump. He has a vast history of defaulting and bankrupting. Unless, you're not lending to him to be paid back in money plus interest?
Russians must wake up from this coma, Russia is not a banana country!!!!
Who TF cares.
🙄
With local currency “valuable” in ordinary/domestic paper any “eyeing” is useless
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