The Central Bank announced a reduction in bank losses from a record 1.5 trillion rubles
By the end of the year, the Central Bank will give a recommendation to banks from January 2023 to resume the publication of regular reporting under RAS, Alexander Danilov, director of the Banking Supervision and Analytics Department of the Central Bank, told reporters. According to him, the losses of Russian banks, which beat records in the first half of the year, have been significantly reduced. “By the end of the year, we will definitely [give a recommendation].