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. Last Updated: 07/27/2016

bank roundtable

Representatives of Moscow banks appraised current conditions on the interbank market (MBK), and shared their opinions about its future.

Tveruniversalbank: "The MBK won't experience waves of crisis if banks adopt proper policies and heed Central Bank's recommendations."

Orgbank: "We don't expect to see any change in course or a withdrawal of liquid funds from the MBK market. The month before the election may see instability, the market is deeply segmented, [but] a crisis situation analogous to that in August is not likely. Ninety percent of commercial banks' liquid resources have been placed into GKOs, and if there is to be a localized crisis, it will be in that area."

Toribank: "Political events will have more of an influence on the GKO and taiga bond markets than on the MBK. If the situation destabilizes before the elections, a ruble inflow may occur as a result of increased demand for other instruments." ,

Jan. 22-28.