Russia's Central Bank Sees No Financial Stability Risks
This means there is no basis to fear a significant deterioration in the financial position and solvency of companies next year,
Consensus
- The Central Bank of Russia sees no risks to financial stability in the country.
- Temporary debt difficulties faced by some large companies do not threaten overall financial stability.
- The key interest rate was maintained at 14.0%.
- The Central Bank continues to monitor the financial health of companies, especially large ones.
- A new forecast for the key rate suggests a decrease in the average rate next year compared to this year.
- There is no basis to fear widespread deterioration in corporate payment capability in 2027.
Points of divergence
- The Central Bank will publish new data in the financial stability review at the beginning of December. — interfax
- The statement specifically refers to 2027, emphasizing no grounds for concern about mass deterioration in corporate payment capability. — tg_tass_agency
Coverage (4 sources)
- Naбиуллина stated there are no threats to Russia's financial stability — Коммерсантъ
- Central Bank sees no risks to financial stability in Russia — Интерфакс
- No grounds to fear mass deterioration of the payment capacity of Russian companies in 2027, noted Nabiyullina. — ТАСС (Telegram)
- There is no risk to the financial stability of the Russian economy now, reports Nabiyullina. — ТАСС (Telegram)