OREANDA-NEWS. March 25, 2010. In the PricewaterhouseCoopers office a press event was held dealing with the results of the banking risk survey “Russian Banking Banana Skins 2010”, prepared jointly by the Centre for the Study of Financial Innovation (CSFI) and PricewaterhouseCoopers (PwC).

The results of the survey were presented by:

Chris Barrett, Partner, Financial Services Advisory Leader, PricewaterhouseCoopers Russia

Ekaterina Lazorina, Partner, Financial Services Industry Leader, PricewaterhouseCoopers Russia

Tim Nicolle, Partner, Business Restructuring, PricewaterhouseCoopers Russia

The survey describes the risks currently threatening the global banking industry, as seen by a wide range of respondents: bankers, banking regulators and observers of the banking scene from around the world.

It transpires from the survey that the greatest risk now facing this industry in Russia is credit risk. 

The survey was carried out in November and December 2009, and received 443 responses from individuals in 49 countries, including 31 Russian bankers. The respondents identified 30 key risks and ranked them according to priority – “credit risk” came top of the list of the 30 key risks facing Russian banks during the crisis period.