The authorities cannot withdraw depositors ‘ funds from the Bank, as this is not possible. This was announced on April 21 by German Gref, Chairman of the Board of Sberbank.
Since The Russian government has acquired a stake in Sberbank from the Central Bank. This was reported to Izvestia on Friday, April 10, by the Ministry of Finance of the Russian Federation.
“The Ministry of Finance of Russia informs that in accordance with the Federal law “the acquisition Of the government of the Russian Federation Central Bank of the Russian Federation ordinary shares of public joint stock company “Sberbank of Russia” on 10 April the Bank of Russia at the expense of the national welfare Fund acquired 11 293 474 000 ordinary shares of Sberbank (50% of the total shares of the credit institution)”, — stated in the message.
“The state has no reason to take depositors’ money from banks. There are no conditions for this now. It is impossible,” he said on the air the TV the savings Bank.
Gref stressed that never in the history of our country, including the Soviet period, has there been such a large gold and foreign exchange reserve, which can be used to cover foreign debt or service imports if necessary. Its volume significantly exceeds the amount of citizens ‘ savings in foreign currency. Therefore, the state does not need to withdraw deposits.
Earlier, on April 17, the head of the Bank of Russia Elvira Nabiullina said that the Central Bank does not intend to impose a moratorium on deposits of the population.
On April 7, major banks of the country noted a decrease in the flow of customers against the background of the epidemiological situation in the country and the measures introduced in this regard. During the first week of quarantine, the flow in Bank branches decreased by 1.5-4 times.
Experts predict a drop in the profit of financial organizations to 500 billion rubles in 2020, compared with 2 trillion in 2019. Banks are considering the possibility of withdrawing products in a remote format.