Russian lenders can withstand profit hit, says central bank governor

Russia’s banking sector has
sufficient capital buffers and liquidity to withstand shrinking
profit from the coronavirus-related slowdown in business
activity, central bank governor Elvira Nabiullina told online
briefing, adding that some loans would need to be restructured.
(Reporting by Elena Fabrichnaya, Andrey Ostroukh and Darya
Korsunskaya
Writing by Katya Golubkova
Editing by David Goodman)