CBR draws up list of systemically important banks
The CBR has drawn up a list of 15-30 systemically important banks. For this year, there are no specific capital requirements for these banks; however, Sergey Shvetsov, deputy chairman of the CBR, claimed that there is to be tighter regulation of banks on the list, and that the CBR might recommend that top management teams receive a minimum of 50% of their bonuses in shares.
The list of banks has not been published. The adoption of an option plan in the bank has been delayed for a long time, and its approval could be positive for investor sentiment. Nevertheless, the timeframe for such a decision is unclear.
Mikhail Shlemov, Svetlana Aslanova
VTB Capital analyst
Back to the list