4 Sep 2009 10:57

CB does not expect 2nd wave of crisis; confident banks can service external debt

SOCHI. Sept 4 (Interfax) - The Central Bank of Russia does not expect a second wave of financial crisis and is confident banks will be able to service their external debt, the head of the Central Bank's department for bank regulation and supervision Alexei Simanovsky told journalists.

"There won't be a second wave or anything undefined," he said.