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Russian central bank concerned by regions' debt to banks
February 15, 2017 / 8:50 AM / 9 months ago

Russian central bank concerned by regions' debt to banks

MOSCOW (Reuters) - The Russian central bank is concerned by regions’ debt to banks, central bank Governor Elvira Nabiullina told the upper house of parliament on Wednesday.

Russian central bank governor Elvira Nabiullina gestures during a news conference in Moscow, Russia, December 16, 2016. REUTERS/Maxim Shemetov

She added that the central bank was in favour of replacing the regions’ debt to banks with loans from the state budget.

Reporting by Elena Fabrichnaya; writing by Katya Golubkova; editing by Alessandra Prentice

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