The decline of American and European banks does not have a significant impact on the Russian market, but the lack of information on the performance of domestic banks can create distrust among depositors. This opinion was expressed by economist Mikhail Zadornov, ex-president of the bank “FC Otkritie” (from 2017 to 2022), Wrote Internet version of RBC.
“Our depositors understand that events in the US and European banking market have little impact on them. The virus currently circulating in Europe cannot infect us – we have isolated ourselves. <...> On the other hand, the possibility of a bank run (raid of banks) and a certain distrust among depositors creates the fact that they no longer have complete information about the situation of Russian banks, as they did a year ago, ”said the author. .
Clients may have a “totally great idea” of the plight of some lenders because people don’t have reliable information about banks’ potential losses or the structure of their portfolios, he said.
Press service of the Federal Deposit Insurance Corporation (FDIC) in the first half of March knowledgeable It’s about the collapse of Silicon Valley Bank (SVB), an American investment that ranks 16th in terms of assets in the United States. SVB has been the largest bank to fail in the US in the last 15 years.
Last week, Robert Kiyosaki, an American investor, financial commentator, and bestselling author of Rich Dad Poor Dad declaration In anticipation of the bankruptcy of Swiss Credit Suisse.
Source: Gazeta

Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.