Elvira Nabiullina: Speech at the Congress of the Association of Banks of Russia

Elvira Nabiullina: Speech at the Congress of the Association of Banks of Russia

Speech

Elvira Nabiullina: Speech at the Congress of the Association of Banks of Russia

In this September 2020 address, Governor Elvira Nabiullina evaluates the Russian banking system's performance under the strain of the COVID-19 pandemic. She highlights that the sector’s pre-accumulated capital and liquidity buffers (totaling approximately 5.9 trillion rubles) allowed it to absorb shocks more effectively than during the 2014-2015 crisis.

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