Translated Title
Banking Sector Consolidation Fund
Publisher
Invest Profit
Media Date
1-7-2018
Media Type
Document
Content Type
Blog Post
Country/Region
Russia
Language
Russian
Crisis
Russian Private-Banking Crisis (2017)
Case Series
Ad hoc Capital Injection
Intervention
Ad hoc Capital Injection
Additional Information
Machine Translated: From the end of August to mid-December 2017, the Bank of Russia announced the start of the rehabilitation of three private banks classified as the largest, including two systemically important ones. In all cases, financial recovery was started according to a new procedure - de facto at the expense of the Central Bank of the Russian Federation itself through the Banking Sector Consolidation Fund. What is the newly created fund, what are its powers...
Recommended Citation
Invest Profit, "Фонд консолидации банковского сектора" (2018). Documents. 2666.
https://elischolar.library.yale.edu/ypfs-documents2/2666