UP

100 banks to be closed in Russia - ACRA

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
100 banks to be closed in Russia - ACRA

About 100 Russian banks will leave the market in the next three years.

Axar.az reports that the claim was made by the head of the Russian Analytical Credit Rating Agency (ACRA) Mikhail Sukhov. According to him, one-third of these banks will leave the market voluntarily:

"The number of banks to be reduced will reach 100 in the next three years. Most banks are losing profitability. Shareholders understand that keeping a bank unprofitable is an occupation with no prospects. It seems that the Bank of Russia does not prevent this process."

Date
2020.09.23 / 13:31
Author
Axar.az
See also

Gold and other precious metals decline on commodity markets

Oil prices continue to rise globally

Oil prices rise again on global markets

Oil prices continue sharp decline on global markets

Oil prices continue sharp decline

Global oil prices drop sharply

Oil prices continue to decline globally

Oil prices plunge on global markets

ADY and Iranian officials inspect Astara terminal - Photo

Oil prices rise amid Middle East conflict

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla