Gref expects that 10% of Russian banks lose licenses in 2016

Gref expects that 10% of Russian banks lose licenses in 2016


In 2016, about 10% of Russian banks will lose their licenses, says the head of the largest Russian Bank Herman Gref.

MOSCOW, 9 Dec. About 10% of Russian banks lose licenses in 2016, said the head of the largest Russian Bank Herman Gref.

“According to our estimates, 10% of the banks will lose the license next year”, — said the head of Sberbank speaking at the Federation Council meeting.