The Russian banking system is stable, so problems similar to the situation of some American banks cannot arise. This was expressed in the speech of Alexander Vedyakhin, the first deputy chairman of the board of directors of Sberbank, to the Federation Council. TASS.
“The problems that have befallen them, I think that this absolutely cannot happen in Russia. “Our regulator works in a completely different way and we see that we have no problem with the banking system in general.”
Vedyakhin emphasized that the American bank Silicon Valley Bank did not pass the stress tests and did not receive the necessary liquidity from the local regulator, as a result of which it had to sell its assets.
It was previously reported that Silicon Valley Bank (SVB), a major bank in the US since the 2008 financial crisis, went bankrupt.
“Silicon Valley Bank, Santa Clara, California, was shut down today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation as a creditor,” the statement said.