The Bank will not be able to recover the funds from rehabilitation “FC Opening” and “Binbank”



The money spent from the Fund for consolidation of the banking sector to reorganize the Bank “FC Opening” and “Binbank”, most likely, will not be able to return the sale of these banks, said the Chairman of the Central Bank Vasily Pozdyshev. It is reported by RIA “Novosti”.

Earlier Pozdyshev said that for financial recovery “FC Opening” and “Bank” will require 800-820 billion.

“Most likely, will not return. For anybody not a secret that banks are sold now, if average, without any increase of the coefficients to the capital. A few years ago, the Bank could sell for three or four capital, now the Bank is sold either in one capital or even a discount. In our case, the discount is unlikely to be applicable because the banks are well capitalized. And from the point of view of the Central Bank, internal procedures they have will be qualitatively built,” said Pozdyshev in an interview with TV channel “Russia 24”, answering the question about whether the Central Bank to return spent on the Bank bailout funds.




The Bank will not be able to recover the funds from rehabilitation “FC Opening” and “Binbank” 12.10.2017

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