Rus­sia cbank mon­i­tor­ing bor­row­ing

The Pak Banker - - Front Page -

MOSCOW: Rus­sia's cen­tral bank is keep­ing a close eye on com­pa­nies' for­eign bor­row­ing but does not see cause for con­cern in cur­rent lev­els, its gover­nor said.

"It is the de­ci­sion of the banks and the com­pa­nies -where to bor­row, when and for how long, and it is their re­spon­si­bil­ity be­fore cred­i­tors.

It is a nor­mal process of a mar­ket econ­omy," Sergei Ig­natyev told the Duma lower house of par­lia­ment. -PB News

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.