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Russia c.bank considers giving banks extension for provisions on Transaero loans
November 3, 2015 / 9:57 AM / 2 years ago

Russia c.bank considers giving banks extension for provisions on Transaero loans

MOSCOW, Nov 3 (Reuters) - Russia’s central bank is considering giving banks an extension for forming loan-loss provisions on loans to troubled airline Transaero, a first deputy governor of the central bank said on Tuesday.

Alexei Simanovsky added that the central bank expected banking-sector profit in 2016 of around 200 billion roubles ($3.13 billion).

$1 = 63.8500 roubles Reporting by Oksana Kobzeva; Writing by Alexander Winning; editing by Katya Golubkova

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