Bank «Opening» can recover and grow, says Nabiullina

© RIA Novosti / Vladimir Astapkovich in fotobounce Bank Opening. Archival photoBank «Opening» can recover and grow, says Nabiullina© RIA Novosti / Vladimir Astapkovich the image Bank

The Chairman of the Bank of Russia Elvira Nabiullina believes that for all the flaws of the business model of the Bank «Opening» can recover and develop.

«With all the flaws and riskiness of the business model «Discovery», it can be treated, repaired and develop,» she said at a forum of the Association of Russian banks.

«Nevertheless, business failures in the «Discovery» led to the fact that the Bank could not on your own preserve financial stability and the Central Bank was forced to intervene,» she added.