Russia's second biggest private bank near failure (systematically important)

roy2016 (57)in #financialcrisis • 7 years ago

http://www.garp.org/?utm_content=August_28_2017&utm_source=indmemg&utm_medium=email&utm_campaign=dailynews&utmterm=article1/#!/risk-intelligence/all/all/a1Z40000003f3mfEAA

I am interested in your opinions:
What would be the consequences if Otkritie FC Bank implodes?
Could there be a contagion of shocks from bank to bank?
What would happen with the ruble, Euro, US-Dollar, etc.?

("Mami, he named me "ruble"!)

#bank #russia #risk #bitcoin

7 years ago in #financialcrisis by roy2016 (57)

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sunbahri (47) 7 years ago

Of course there is influence. each bank has links with other banks. if one bank deficit budget or bankrupt it will certainly ask for a loan from the government. And the government can help and also not if it helps then from state banks.

$0.10

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