Siluanov spoke about the loss of public funds in the troubled Russian banks in 2016
The Finance Ministry estimates the losses of public funds in Russian banks 100 billion rubles over the last year. In this regard, the Ministry supports the action of the Central Bank, directed on increase of reliability of banks, in particular the proposal to create a tiered banking system, said Finance Minister Anton Siluanov.
"On the one hand, will reduce the administrative burden on banks and will enhance the availability of banking services, and with another - will become the basis for the stability of the banking sector and a healthier banking system", - Siluanov quoted speech at the Congress of the Association of Russian banks (ARB) on Tuesday Reuters.
The Finance Ministry estimates the losses of public funds in Russian banks 100 billion rubles over the last year. In this regard, the Ministry supports the action of the Central Bank, directed on increase of reliability of banks, in particular the proposal to create a tiered banking system, said Finance Minister Anton Siluanov.
"On the one hand, will reduce the administrative burden on banks and will enhance the availability of banking services, and with another - will become the basis for the stability of the banking sector and a healthier banking system", - Siluanov quoted speech at the Congress of the Association of Russian banks (ARB) on Tuesday Reuters.