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Russia's President Vladimir Putin said yesterday that the Government and the Bank of Russia will help to ensure the liquidity of the Russian banking sector. These words of Mr. Putin intended to reassure the market, since the Central Bank and the Government are doing almost everything possible to maintain the liquidity of the Russian banking system.

Government and the Central Bank will assist in ensuring the liquidity of the Russian banking sector, said yesterday, Vladimir Putin during a meeting with the president of VTB Andrey Kostin, reported Prime-TASS. Such a reaction is the President of Russia has become the answer to the complaint, Mr. Kostin was once Russia's banks to solve the problem of liquidity by borrowing abroad, but «it is now expensive and difficult to do». Therefore, according to Andrei Kostin, banking community «is actively interested in borrowing at home and looks forward to the appropriate steps by the Government and the Central Bank».

As if anticipating the question of the current capitalization of VTB, the head of Vladimir Putin, reported: «plummeted capitalization U.S. banking sector, and even Citibank, the largest bank in the world, lost in the price of its shares for almost half of this year. Against this background, the Russian banking sector has demonstrated an enviable stability and stability. The measures adopted by the Government and the Central Bank, given the results ». «In general, they are all bad, as we all well», - Putin said with a smile. With this Andrey Kostin could not accept: «We are all right», - but noted that «in principle, Russian banks need additional long-term liquidity».

That is, despite the «an enviable stability and stability», domestic lending institutions are in need of long-term money, because the global financial crisis has affected all the same Russian banks. In late September, National Reserve Bank has requested the assistance of Sberbank, received a loan of 3 billion rubles., In October, held at the Central Bank VTB (6.9 billion rubles.) And URSA Bank (1.9 billion rubles). Having lost the opportunity to borrow cheaply abroad, Russian banks as an alternative to the use of auctions direct REPO Bank of Russia: 28 November was another record on such transactions when the banks took a CB 300 billion rubles. In November came to the aid of bankers and the government: to support the liquidity of the banking system at the Interbank money had been sent the Development Bank (200 billion rubles.).

«Honestly, I do not see any major problems with liquidity in the Russian market. In fact, when money supply grows by 50%, as this year, when the expanded list of collateral for securities repurchase agreements, can we talk about the problems with liquidity? There are issues of trust, when banks will not lend to each other », - considers the chief economist of SG« Troyka Dialog »Yevgeny Gavrilenkov. «Very important are the words themselves the president of Russia that the Government and the Central Bank stand ready to support our financial markets in the event of problems. This is a very important psychological moment, because serious problems can arise when the market is straining to uncertain expectations », - said President of the Association of Russian Banks Garegin Tosunyan.

At the same time, the scientific director of HSE Yevgeny Yasin said that the private debt of Russian companies in four times the debt and more than 300 billion U.S. «Not surprisingly, the bankers want to salvage the situation by borrowing domestically, and the position Vladimir Putin is correct. The money we have is, and why would they not give the banks? »- Asked Yevgeny Yasin. But he notes that particular attention should be paid to the President of the reservation maintaining macroeconomic stability. «Strengthening of the ruble, gosrashodov growth, rising wages in the two times faster than productivity growth, promote inflation. Stability expensive. I do not know whether our bankers will be able to properly dispose of through the government and Central Bank », - warns Yevgeny Yasin.

mandate to fulfill the president of Russia will be able to state bodies, for example, allowing to place temporarily available budget funds in commercial banks, the Central Bank may pursue policies to reduce payments to the CDF, and the government can send in the interbank market for funds from the Housing Fund, as it did so by means of Development Bank. Thus, according to experts, Russia's banking system if necessary, will be able to get around polutrilliona rubles.

Source www.rbcdaily.r u