The Bank of Russia recommends that organizations operating in the financial market are requested to develop measures that will help to restore stability and maintain the continuity of their functions during stressful situations. The relevant information is published on the regulator’s website on Tuesday, may 24.
To create such a plan every organization should be to make a list of stress scenarios as unique events that relate to her directly and the risks of a systemic nature, it is underlined in materials of the Central Bank.
The regulator recommends that events such as the increased country risk and the outflow of capital from the country; adverse changes in asset prices in one or more markets; the macroeconomic downturn, accompanied by a downgrade of the country; growth inflation and unemployment.
Monday, 23 may, the international rating Agency Moody’s noted in its report that the risks in the consumer lending market in Russia is gradually reduced.
May 18, chief analyst of Sberbank Mikhail Matovnikov reported that over two years the Russian market took about 27 percent of the banks.
