Russian banks’ liquidity surplus about $2.73 bln as of 2020 year-end – Central Bank

TASS Russian News Agency | Jan 14, 2021 at 6:42 PM

/Update/

MOSCOW, January 14. /TASS/. The liquidity surplus of the Russian banking sector amounted to about 200 bln rubles ($2.73 bln) in 2020, Deputy Chairman of the Bank of Russia Alexei Zabotkin said on Thursday in an interview with the RBC TV Channel.

"We indeed ended the year with a small structural surplus about 200 bln [rubles]," the official said.

It was reported earlier the Central Bank expected the liquidity surplus of the banking sector to be about 1 trillion rubles ($13.7 bln) as of the last year-end.