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It is our role to provide financing to the companies that need it and that is what we have been doing over previous months, we see the current situation as an opportunity to expand our loan portfolio in certain parts of the economy, such as exporters. We have an excess of dollar liquidity at very low cost and we intend to use it.
– Alexander Morozov
Found on Reuters2 years ago
We would hope that sanctions will be lifted soon since they provide no effect anyway, but we can make no assumptions and so can't be reliant on the possibility of international capital markets reopening. We have to have alternative financing.
Information on the suspension of (retail clients credit) is not true.
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