In Business FM interview the banker has spoken probability of return of currency deposits in rubles. What actually meant? Andrey Kostin. Photo: Pyotr of Kovalyov/TASS the Statement of the president — the chairman of the board of VTB Andrey Kostin concerning risks for currency deposits has evoked a wide response on the verge of panic. Social networks have apprehended his words so: in case of sanctions the State Bank will convert dollar deposits to rubles at a current rate. Kostin has made the statement for dollar deposits to Business FM interview at East economic forum, discussing whether the State Bank has an answer to possible sanctions. — the Plan at us is, certainly. I won't disclose his details, but I can tell that we will carry out all obligations to investors, to clients. And this not only my opinion, is the program agreed with the Central bank, with the government. If it is necessary, the help in it will be rendered. At us there is a lot of dollars on now. If the people run to withdraw money, we will give all. — Nevertheless it is interesting to everything to understand what, in principle, there are mechanisms. That not to torture you, I will offer options. Perhaps, stock of dollar cash. Perhaps, transfer of dollar deposits to other banks, that is other bank will redeem from you a deposit. — All these possibilities are considered — and payment in national currency at a current rate, and transfer to other banks, it in rubles then they were transferred to dollars. And cash at us now, we have much delivered therefore, in principle, the basic decision which is made by the government and the Central bank, and the largest banks is ready: clients shouldn't suffer. It kind of basic. What forms will be found? It is already other question. — Well, it is good. These are natural persons. These are investors. But, it seems to me, more difficult... — They are the companies. It is no secret that we today even with the companies to which we issue the credits in dollars, we do the reservation that they can be returned in rubles, let us assume, at the rate. It already as transition to calculations. Say to us: the course is unstable. We say: children, listen, the price can be fixed in dollars, and payment can go in rubles at the rate. In what a problem? There are no problems. All this the invented opinions. Besides, many were hooked by Kostin's phrase in an interview of Bloomberg that all clients of all banks will be able to receive the money back, and in what currency is other question. Whether there is a reason for panic? The editor-in-chief of Business FM Ilya Kopelevich who talked to Andrey Kostin at East economic forum comments — I have read headings of many media because a resonance huge, there are headings "Dollars Will Pay in Rubles". I suggest to listen once again attentively to everything told. It was told about plans "And", "B", "In" and. And I have offered one of options, for example, if suddenly VTB isn't able to operate with dollars and to it there won't be enough cash own dollar to pay a dollar deposit whether it is possible that this deposit has gone to other bank? With this other bank as I offered сво
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