“Financial leverage” will reveal Russian banks to the rest of the world

Starting from the beginning of 2011 the safety margin of Russian banks – which is the ration of shareholders capital to debt – will be estimated by the Central Bank using the so-called “leverage ratio”, which is something new for Russia practice, but is quite common in the rest of the world (according to the Bank of Russia’s plans, the new indicator of banking stability is to be approved before the end of the year).