Elvira Nabiullina, the governor of the Russian Central Bank, has reportedly been reforming the bank sector and cracking down on financial institutions engaged in illicit behaviour.
“Nabiullina’s has made some impressive achievements in cleaning up the banking system, which include better monitoring of large banks and withdrawal of licenses from smaller institutions involved in a variety of shady and semi-legal operations,” Vladimir Tikhomirov, the chief macroeconomist at BCS Financial Group in ...


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