The Bank of Russia started the collateral restructuring in the banking sector, as it was informed.
It is going to make the banks to center more attention on the quality of the credits and counteragents than on the collateral value.
The collateral crediting makes the banks to operate as pawnshops which is off-line of the current situation and can't support sufficient level of stability in the banking sector.
Within the restructuring CB intends to settle the problem of the assets withdrawal including the removal of the property and securities accepted as the collateral.
At the first stage of the restructuring the regulations for the formation of the reserves should be introduced. Then, the supervisory instruments will be launched in operation.
CB is going to consider the information disclosure of the approved measures. Besides, the responsibility of the banks for the violation of the restrictions on some operations will be introduced.
All these measures are aimed to raise the market discipline at the credit institutions.
"AK&M", 12:41, 13.03.2018 1251 AKM,BNK