Photo: Eugene biyatov / RIA Novosti
The Bank of Russia financial stability review listed the main vulnerability of the Russian financial system. It is reported owned by Grigory Berezkin, the Agency RBC.
So, the regulator counted four possible risk. First of all we are talking about a slowing global economy. The second factor is the rising geopolitical tensions in the form of trade disputes and sanctions.
The risks of the Central Bank also notes the uncertainty of the Western Central banks ‘ policies in relation to key interest rates, which will depend on the inflow of capital to Russia or its outflow.
With regard to internal risks, here the Russian financial system may be affected by the reduction in real disposable incomes with the growth of the debt burden. This in turn may have a negative impact on the quality of consumer loans.
In General, according to the Central Bank, Russia’s financial system has strengthened since the autumn of last year, but these risks can manifest themselves in the case of force majeure.
Video, photo All from Russia.