The head of Sberbank announced the completion of the acute phase of the crisis – RBC

The head of Sberbank German Gref

Photo: TASS

The head of Sberbank German Gref announced the completion of the acute phase of the crisis in the Russian economy. “Today we have about anything with certainty can not speak, but the acute phase, in my opinion, has passed” – quoted him Tass.

In the middle of April, Gref said about the return of interest of foreign investors in Russia. In addition, the head of Sberbank said that he sees a gradual recovery in demand for bank loans on the part of both individuals and legal entities. He said that the situation in the corporate sector is more complex.

In the middle of January, the head of the Savings Bank warned about the threat of “large-scale” banking crisis. He explained this decline in oil prices and structural problems within the economy. “Even if oil prices rebound, we still need to seriously deal with its internal problems. Structural economic slowdown started earlier, before Ukraine, to the fall in oil prices, – he said. – Obviously, this year we would see very low growth rate, regardless of these two factors ».

Last week, the end of the crisis, announced Deputy Prime Minister Igor Shuvalov. “The constant appeals to the crisis is no longer appropriate. It is necessary to move on to the agenda of development “- the official said. Shuvalov, with reference to economic experts predicted that the fall of the economy followed by stabilization, which can be replaced by growth in the end of this year or early next.

«We can not say that everything is fine, the economy is in a precarious state, but this crisis, on which we worked out all the activities of our anti-crisis plan and saw an increase in funding, this situation is now no “- said Shuvalov.

found out earlier, Rosstat estimates fall in GDP in the first quarter was better than the preliminary calculations of Economic Development. The decline was 1.9% – 0.03 percentage points better than expected by the Ministry.

According to the consensus forecast of Interfax in 2015, Russia’s GDP will fall by 4.2% in 2016 is expected to increase by a symbolic 0.3%. The consensus forecast of Bloomberg gives the fall of Russia’s GDP by 4% in 2015 and growth of 0.5% in 2016.