An exterior view reveals Russia’s Central Financial institution headquarters in Moscow, Russia March 29, 2021. An indication reads: “Financial institution of Russia”. REUTERS/Maxim Shemetov
Sept 23 (Reuters) – Russia’s banks have misplaced an estimated 1.5 trillion roubles ($25.5 billion) on account of the fallout from the battle in Ukraine, a central financial institution official mentioned on Friday.
Maxim Lyubomudrov, who heads the regulator’s division that supervises the nation’s largest banks, mentioned this was an “acceptable” stage of losses and that the federal government had plans in place to help Russia’s lenders by the disaster.
($1 – 58.85 roubles)
Reporting by Reuters
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