CB: structural liquidity deficit will continue in the next three years

CB: structural liquidity deficit will continue in the next three years


Currently a structural liquidity deficit in the banking sector is about 4 trillion rubles, he will continue in 2016-2018, said Elvira Nabiullina.

LIMA, 10 Oct. Structural liquidity deficit in the banking sector will continue for the next three years 2016-2018, according to the head of the Bank of Russia Elvira Nabiullina.

“We really have a structural liquidity deficit has decreased this year: in the beginning of the year he was 7 trillion rubles, now — about 4 trillion rubles. We looked at how the Ministry of Finance will spend money, not only this year but for the next three years: in our opinion, if everything will go on according to our scenario, we are at the end of the three year olds will be in structural deficit of liquidity,” Nabiullina told journalists.

“We wouldn’t have to change instruments (sterilization of liquidity — ed). This will allow us to use those tools, which are now,” she added.