To restore the financial stability of banks were denmark telegram data implemented in practice. At that time, many banks had their capital and liquidity standards reduced. And banks solved some of the problems using standard methods provided by the PVFU. For example, they sold some assets or raised deposit rates when they needed to attract liquidity.
We cannot yet say that the PVFU tool is working in full as we would like. But there is certainly a positive effect – the PVFU at least encourages banks to look critically at their business model, think about its vulnerabilities and what the bank can do in case of stress.
Despite the rather difficult situation
We continued to fine-tune the instrument. Twice, on the eve of the next cycle of submitting the PVFU to the Bank of Russia, we sent methodological recommendations on their development, including taking into account the experience of the 2022 shocks.
The key to the recommendations
The standardization of the presentation leading experts in the of information and the compilation of the PVFU, the disclosure of the essence of the proposed agb directory measures and the justification of their feasibility.
