28 June 2021

The pandemic crisis has shown the importance of banks accumulating capital and liquidity buffers. Built up during prosperous times, these buffers allowed the banks to absorb losses incurred throughout the pandemic.
Against the backdrop of economic recovery and accelerated lending, the Bank of Russia has already returned to its pre-pandemic buffers for new unsecured loans.

In the future, the Bank of Russia plans to use a new tool – quantitative limits, which could become an effective risk mitigation solution. Session participants will discuss a range of related questions: How will the new tool complement the existing risk mitigation mechanism?
What will macroprudential policy look like as the economy recovers? How will it affect the banking business?

See more:

Macroprudential policy of the Bank of Russia: new challenges and tools