Over 20% of assets blocked outside of Russia held by retail investors, says regulator
The blocked assets were worth 5.7 trillion rubles.
The assets owned by Russian residents that have been blocked outside of the country, total 5.7 trillion rubles ($81 bln), with over 20% held by Russian retail investors, Director of the Central Bank’s Investment Finance Intermediation Department Olga Shishlyannikova told a conference on Tuesday.
"As of November 30, the blocked assets were worth 5.7 trillion rubles, of which slightly over 20% are assets owned by retail investors," she said.
This fact was taken into consideration when the decision was made to ban non-qualified investors from acquiring foreign securities, Shishlyannikova added.
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The assets owned by Russian residents that have been blocked outside of the country, total 5.7 trillion rubles ($81 bln), with over 20% held by Russian retail investors, Director of the Central Bank’s Investment Finance Intermediation Department Olga Shishlyannikova told a conference on Tuesday.
"As of November 30, the blocked assets were worth 5.7 trillion rubles, of which slightly over 20% are assets owned by retail investors," she said.
This fact was taken into consideration when the decision was made to ban non-qualified investors from acquiring foreign securities, Shishlyannikova added.
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