In anticipation of a banking crisis: "All of the bankruptcy will not save»

Banks Finansy08-04-2009 In anticipation of a banking crisis: "All of the bankruptcy will not save" The banking crisis in Russia is over or just ahead of the horrors? Disagreement on this issue does not cease, perhaps, from the beginning of the year. Literally, on Monday, Russian President Vladimir Putin has authoritatively stated that "the threat of the collapse of the banking system has receded," adding that she was literally on the doorstep. However, today the president-chairman of Sberbank German Gref has denied this allegation premiere: the banking crisis per se was not - he is just beginning. "The banking crisis in Russia is now in the beginning, and he comes from the real economy" - said on Wednesday, Gref said at a conference in Moscow. According to him, the fall in Russia's banking crisis per se was not, because the banks were not engaged in a transaction in financial derivatives. Gref said that in September 2008 at the government meeting projected decline in GDP in 2009 to 4% and a possible drop in the banking sector by 18,8%. "Then all laughed about it ... But it is clear that it is absolutely realistic figures, which are likely to be realized", - stressed the head of the Savings Bank.