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GAAP.RUNewsRussian bankers proposed to reveal “bad” assets

Russian bankers proposed to reveal “bad” assets

Publication date: 16 February 2010

The Association of Russian Banks (ARB) warns that the “bad asset” problem may destabilize the whole banking system, which is why it has to be recapitalized more than twice, up to 3 trillion rubles.

The Association of Russian Banks (ARB) warns that the “bad asset” problem may destabilize the whole banking system.