The first vice-president of the Central Bank listed three risks to Russia’s financial stability in 2023

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Ksenia Yudaeva, First Deputy Chairman of the Bank of Russia, in an interview Tinkoff Private Conversations He said sanctions, risks in the banking sector and risks related to the restructuring of foreign economic activity threatened the country’s financial stability this year.

“Sanction risks took place last year and additional sanctions no longer have such a significant impact on financial stability. But still, this risk remains, ”said Yudaeva.

He also mentioned the risks in the banking sector among the risks to Russia’s financial stability, but noted that even now, financial institutions fully consider the exchange rate risk and there is no regulatory relaxation.

Yudaeva also spoke about the restructuring of foreign economic activity, which, in her opinion, is associated with significant risks.

In early December last year, Ksenia Yudaeva reportedThe Bank of Russia has sufficient international reserves in case of risk and the regulator has not seen the need to increase them so far.

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