The Central Bank called sufficient stock of ruble and foreign currency liquidity from banks

The total reserve of ruble liquidity in Russian banks currently stands at about 18.9 trillion rubles, according to the review of the Central Bank of the Russian Federation “On the Development of the Banking Sector”.

This, according to the regulator, is enough to cover 26% of client funds in rubles and 58% of individuals’ funds. In addition, banks can raise an additional 8.6 trillion rubles from the Central Bank secured by non-marketable assets (this is enough to cover 12% of customer funds). Thus, available sources of liquidity cover up to 37% of clients’ funds in rubles.

The reserve of foreign exchange liquidity of banks covers 49% of customer funds and 29% of foreign exchange liabilities, the regulator emphasizes.

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