The central bank does not expect a repeat of the situation in 2014-2017, when many of the country's credit and financial institutions collapsed. Russian banks adequately "hold the blow". This was stated by the first deputy chairman of the Board of the Bank of Russia Dmitry Tulin.

"The events of 2014 only aggravated these long-standing problems, brought them out. Let's not forget that the work carried out in recent years on the large-scale capitalization of the banking sector and its purification from unscrupulous market participants has borne fruit," Tulin said in an interview with RBC.By 2022, the banking sector in Russia has significantly transformed for the better in comparison with the state it was in 5-10 years ago.

At the same time, credit and financial organizations should prepare for different scenarios.

In particular, to ensure security, Russian banks can create a special fund to maintain the financial stability of credit institutions in the event of force majeure events.

Read more interesting news in our Telegram channelAuthor: Alexander Baigazin

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