5 Apr 2012 13:46

Liquidity shortage the norm in 2012, CB could double refinancing - Ignatyev

MOSCOW. April 5 (Interfax) - Liquidity shortages will be the new norm for the Russia banking system in 2012, CB Chairman Sergei Ignatyev said.

"It's highly likely that a certain shortage of liquidity will be the new norm in 2012," Ignatyev said at an Association of Russian Banks congress, adding that the CB would continue to conduct refinancing operations.