Decision to change rates on subordinate loans will be all inclusive

Home > Newsroom > Top Stories > Decision to change rates on subordinate loans will be all inclusive - Ignatiev

Decision to change rates on subordinate loans will be all inclusive - Ignatiev

MOSCOW. April 9 (Interfax) - A decision to change rates on earlier allocated subordinated loans to Russian banks will be applicable for all parties involved, the Central Bank's Chairman, Sergei Ignatiev, told journalists on Friday.

"It will be a general decision. It, as far as I know, has been generally approved," he said, adding that this measure would be made public in the near future.

Deputy Finance Minsiter Alexei Savatyugin earlier said that the Finance Minister could allow for rates to drop on subordinated loans for banks, including those allocated to Sberbank .