Central Bank cuts 45% of banking supervisors

The regulator noted that the staff of the department is formed from employees who understand the supervisory processes.

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The Central Bank has reduced 45% of employees engaged in banking supervision, as a result of the reform of this function. About this in an interview with ” Rossiyskaya Gazeta ” said the deputy chairman of the Bank of Russia Olga Polyakova.

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“There was a selection, professional testing, and employees who claimed or already held senior positions were also tested for their ability to manage processes,” the deputy chairman of the Central Bank explained.

According Polyakova, to date, the number of employees of banking supervision is less than one thousand people. Polyakova stressed that the staff of the department is formed from employees who understand the supervisory processes. She noted that in the process of centralizing the system, the Central Bank was able to ensure continuity of activities and preserve the knowledge of credit institutions accumulated by employees in the regions.

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Earlier, Life wrote that Alexander Polonsky was appointed head of the Banking Supervision Department of the Central Bank of the Russian Federation .







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