Minfin: banks do not need system recapitalization

Today the Russian credit organizations are capable to work without system recapitalization, the director declared Department financial policy ministry finance Russian Federation Yvan Aleksandrovich Chebeskov. "At this stage we consider that system recapitalization (the Russian banking sector — newspaper "Kommersant") is not necessary" — mister Yvan Aleksandrovich Chebeskov in a lobby of the International bank forum "Banks of Russia — the XXI century" (the quote on information agency "ITAR-TASS") declared. At the beginning of September the first deputy chairman Central bank Russian Federation (Bank Russia) Dimitri Tulin also said that in system recapitalization of the banking sector there is no need. However, according to him, Central bank Russian Federation (Bank Russia) can in...