If banks for some reason are unable to receive additional liquidity

[tanjimajuha20]

According to the Central Bank data as of November 3, which Izvestia studied, the structural liquidity surplus of the Russian banking sector amounted to 900.9 billion rubles. The deficit of the indicator during 2022 was recorded for several days in January and February, as well as throughout March.

Izvestia sent inquiries to japan cell phone number list the largest Russian banks. PSB believes that non-cash money has an advantage over digital money due to interest on the balance - this will avoid the flow of funds.
from the Central Bank, then in order to attract resources they will have to increase the attractiveness of savings products, expects NRA bank ratings analyst Natalia Bogomolova. She specified: this will increase banks' interest expenses, which will be compensated by credit rates.

- But, in a competitive environment, it is impossible to increase interest rates on loans significantly, since clients can take advantage of offers from other banks. Accordingly, banks' income will begin to decrease. This, in turn, will affect capital and the possibility of further lending to the economy, - the expert fears.

The introduction of the digital ruble is a logical stage in the development of the financial system, however, like any innovation, the consequences of its use are completely unpredictable, says Valery Piven, head of the ACRA financial institutions ratings group. He emphasized that it is obvious that the cost of transactions will decrease and the movement of funds in the economy will accelerate, which will stimulate its activity. According to him, if this has a positive effect on the dynamics of GDP, it will compensate for the possible loss of financial resources by individual banks.