20:11, 10 December 2008 Page views 350 views

Only 30 Russian Banks will Survive 2009 without Serious Problems

(no votes)

According to the analytical report «Russian banks: love weakens every day», made by Bank «Renaissance Capital», only 30 largest banks of the Russian Federation will avoid serious problems in 2009, while for the others «merge and absorption will be vital». Experts from «Renaissance Capital», believe that with account of the recalled licenses the number of credit and financial establishments in Russia can be reduced by 200-250 banks; at that, in 2009, only 5 state banks will grow at advanced rates, and 25 other biggest banks will demonstrate growth of their assets at an average market level.

Plusworld.org - only
the main news on the Market!