Although it has improved, Russia’s banking system still has some way to go before it can fully recover from the financial crisis of 1998. Torrey Clark asks Rosbank’s president Evgeny Ivanov for his views.Russia’s banking system is continuing to grow in strength, with syndicated loans taking off and a high demand for capital. However, raising resources remains difficult.
“The demand for long-term financing is really high and Russian banks are already providing the credits for trade and short-term projects,” says Evgeny Ivanov, president of Rosbank.
