MOSCOW (Reuters) - Russian Finance Minister Anton Siluanov said on Friday that because of the rouble's slide the country's banks have insufficient capital to meet their capital adequacy ratios.
The rouble is down around 45 percent against the dollar so far this year . Russia's government has submitted a draft law to parliament that could grant the banking sector a capital boost of up to 1 trillion roubles (£10.5 billion).
(Reporting by Elena Fabrichnaya; Writing by Lidia Kelly; Editing by Alexander Winning)
Culled from Yahoo News.
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