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Business & Finance

CBR and VTB bosses share views on financial sector development

Speaking on consolidation of the Russian banking industry and boosting its efficiency and stability, Kostin said, among other things, he had a tip or hint for Nabiullina on what to do with the Russian financial sector and its further development: “simply drastically reduce the number of financial institutions in the country.”

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Issue: : April 2026, Vol. 4, Issue № 04
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