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Russian banking system stabilizing, finance minister says
RBC, 25.03.2009, Moscow 12:02:16.The Russian banking system's international liabilities currently stand at nearly $150bn, and international assets at $147bn, Russia's Deputy PM and Finance Minister Alexei Kudrin told a banking conference today. Consequently, the banking system's assets and liabilities have almost evened out, he noted. "It's a stabilizing moment," Kudrin stressed. Assessing the current situation in the banking sector, Kudrin pointed out that it was "thanks to the Central Bank's efforts that [the situation] has recovered." At the same time, the minister also said, "the Central Bank sees those who are involved in doubtful transactions."
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