Close photo mode

    Central Bank of Russia conducts stress test due to likely decline in oil prices

    Loss of major Russian banks under stress scenarios estimated

    Baku. 24 September. REPORT.AZ/ 12 largest Russian banks in 2016 may lose 3.4 trillion rubles (about 53.2 billion USD), if the price of oil on the world market will drop to 25 USD per barrel.

    Report informs, results of stress tests of the Central Bank of Russia show.

    In addition, it was found that in such a scenario GDP will fall to 5.7%, and the dollar will rise to 88 rubles.

    The fall in oil prices to 25 USD is incorporated in one of the two stress test scenarios of the Central Bank.CBR gave forecast in case of realization of the stress scenario - fall in oil prices up to 19 dollars per barrel.According to the stress test results, in this case, the amount of losses of banks will increase to 3.75 trillion rubles (about 57.75 billion USD), GDP will shrink by 7.8%, and dollar will rise to 100 rubles.

    If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

    Last added

    At least one category must be selected

    All news

    Orphus sistemi