25 systemic significant banks in Russia are recommended to write "lifetime wills"
In 2013, the Central Bank asked large Russian banks to report on how they prepared for a possible crisis. The preparation of these special plans (they are called self -settlement plans or lifelong wills) can cost banks in millions of rubles, Russian Newspaper reports. Only the so-called national system-significant banks will have to write plans, there will be no more than 20-25 of them, Mikhail Sukhov, deputy chairman of the Bank of Russia, told reporters.