Liquidity in the Russian Banking System

1
Liquidity in theRussian Banking System

• Richard Hainsworth CFA
• CEO
• GlobalRating
• RusRating
• KzRating
• AmRating

2
Interbank Placements
3
Interbank Borrowing
4
Interbank Borrowing (by Size Category)?
5
Interbank Placement (size)?
6
Liquid Assets(R mln, bank average)?
7
Sub-Prime Problem
?
AA
SPV
what price toassign thesesecurities
BB
mortgages from bank
repayments
C
security with tranches
Bank
SP
Moodys
Fitch