Russia 's central bank has sent out draft guidelines stating banks need to increase their capital adequacy requirements to 10 % so as to conform to the Basel Accords . The banks will also undergo a regulatory assessment on the quality of their asset management with each bank being given a rating . For many banks , the capital increase is not possible so analysts are looking for an increase in consolidation .
Russia's central bank has sent out draft guidance stating banks need to increase their capital adequacy requirements to 10% so as to conform to the Basel Accords. The banks will also undergo a regulatory assessment on the quality of their risk management with each bank being given a score. For many banks, the capital increase is not possible so analysts are waiting for an increase in consolidation.