Gref: Russia has a very serious banking crisis

Gref: Russia has a very serious banking crisis


The banking system in Russia should remain under the close supervision, said the head of Sberbank German Gref.

MOSCOW, 9 Dec. The Russian banking system is now experiencing a serious crisis, however, she left the zone of great risk, but must remain under close supervision, said the head of Sberbank German Gref.

“The banking system has left the area very big risk”, — Gref said at the Federation Council. However, according to him, she must remain under close supervision.

Speaking of that, can we consider this situation a crisis of the banking sector, he noted that it is a question of terms. “In my opinion, it’s a serious banking crisis,” — said the head of the largest Russian Bank.