Russian Banks Press Gov’t To Continue Emergency Funding

Russian banks are pressing the government to continue its emergency liquidity plan or run the risk of keeping lending at current tight levels.

  • 28 May 2010
Russian banks are pressing the government to continue its emergency liquidity plan or run the risk of keeping lending at current tight levels. Anatoly Aksakov, president of the Russian Association of Regional Banks, said the central bank’s proposal to end the liquidity program amidst the worsening debt crisis ...

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