Elvira of Nabiullina: Artem Kudryavtsev / RIA Novosti
Russian banks, in may received a record low profit — about 500 million rubles. This is 64 times less than in April. These figures brought the head of the Central Bank of Russia Elvira Nabiullina, RIA Novosti reported.
Indicators collapsed on the background of the problems in the economy because of the situation with coronavirus. From January to may, the profit of credit institutions is 561 billion rubles, but the vast majority it received in the first three months of the year.
Nabiullina cited the following statistics at the meeting of the state Duma committees associated with the consideration of the report of the Central Bank over the past year.
Referring to the current situation in the economy, she pointed out that the recovery will take several quarters, and accommodative monetary policy will enable it to quickly move to growth.
Previously, the Central Bank warned Russian banks about the specific threats that may pose climate changes and associated changes in the global economy. Including it was about the fall of the shares of the polluting companies, natural phenomena and bankruptcy of borrowers.
According to the Agency of the NKR in the past month, the share of funds on current accounts of the Russians reached a record 29 percent of the total funds.
Video, photo All from Russia.