OUTFLOW OF PANIC CAPITAL

FINANCE

On Thursday at the Ararat Park Hyatt hotel, foreign experts literally filled the entire hall. Having gathered to discuss the situation around Guta Bank, they prudently took with them plump piles of documents and actively communicated with ...

On Thursday at the Ararat Park Hyatt hotel, foreign experts literally filled the entire hall. Having gathered to discuss the situation around Guta-Bank, they prudently took with them plump piles of documents and actively communicated with potential clients. Perhaps they agreed to open accounts abroad or even made deals right on the spot.

At least, the communication turned out to be so productive that the next day the foreign bankers made another informal meeting. She passed at about two o'clock on Friday afternoon.

It turned out that Western bankers assess the situation in the Russian banking sector much more calmly than homegrown experts. Therefore, the general desire of residents to open accounts in foreign banks (fortunately, the new law on currency regulation provides such an opportunity) seemed strange to them.

According to Dave Cartan, an American financier, this situation is typical for Russia. “I believe that there is nothing serious in the collapse, if it can be called that, of Guta-Bank that would justify the panic of its clients. At the moment, the number of agreements with foreign banks has increased significantly - Russians are wary of their own and give preference to foreigners. In my opinion, they are panicking in vain - the situation will soon normalize.

PS By a strange coincidence, during the current crisis, the number of billboards and banners on the streets of Moscow has significantly increased, urging clients to invest in banks with 100% foreign capital.