off-the-wire

Russian c.bank: credit risks may become more apparent this year

Kitco Media
By Reuters
Published:
Updated:
Reuters



*


This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine


MOSCOW, March 23 (Reuters) - Credit risks in Russia's banking sector may become more apparent this year, the central bank's First Deputy Governor Ksenia Yudaeva said on Thursday. Russia's financial sector, hit hard by Western sanctions over Moscow's decision to send troops into Ukraine last February, has proved resilient in the face of interest rate risk, Yudaeva said.


(Reporting by Elena Fabrichnaya; Writing by Alexander Marrow Editing by Gareth Jones)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.