The Central Bank is now much earlier notice problems in the banks, said Nabiullina

© RIA Novosti / Sergey Pathiterator in fotoreceptor Central Bank of the Russian Federation Elvira Nabiullina. Archival photoThe Central Bank is now much earlier notice problems in the banks, said Nabiullina© RIA Novosti / Sergey Pathiterator the image Bank

Central Bank develops its oversight and now sees the problem banks much earlier, said Bank of Russia Chairman Elvira Nabiullina.

«We already there is an active restructuring of the oversight process, and I can responsibly say that we now we see the problems much earlier, we do not always, maybe, technically they can prove that the need for decision-making, but we see them early,» — said Nabiullina in interview to TV channel «Russia 24».

«We have created a special service of valuation of assets, which is separated from the decision-making process, a special professional team, then the Supervisory process is now centralized, it has greatly changed,» she added.

«But we really need some authority on professional judgment, we assessed the condition of the Bank not only for compliance, quantitative indicators», — said Nabiullina.

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