Central Bank not planning to raise minimum requirements for size of banks' capital
ST. PETERSBURG. June 4 (Interfax) - The Central Bank is not planning to raise the minimum requirement for the size of banks' capital, which now is 300 million rubles, Central Bank Governor Elvira Nabiullina told journalists.
"We have no plans or intentions now to raise the requirements for the minimum size of capital. In our view, small banks with small capital, if they are healthy and stable, with normal risk management, are occupying a stable niche on the market - these are full-fledged market participants," she said.
The Central Bank head said that banks normally underwent the raising of capital requirements to 300 million rubles.
The existing strategy for the development of the banking sector ends in 2015. The Central Bank is currently preparing a strategy for the financial market, where issues of the banking sector's development will be reflected.
"A strategic document is being prepared, despite the conditions. I already said that increased uncertainty doesn't mean that there should not be a strategic vision and a strategic document," Nabiullina said.
