we have lost a long-term business and now we are looking for an opportunity not by chance from here, including a project to create an alternative parallel world financial market, and the team is ready for this. she works , works and leads the developments. including large technological work is being carried out. well, the third. probably we are now very serious, and we are working on the development of a plan for working in retail. we believe that we are not improving here, that we have large reserves. resources are very difficult to compete primarily for sberbank with alpha-bank others russian banks. and now we, i think, will seriously engage in this work, because today this is probably such a big and interesting task and we will continue to work on it. thank you thank you very much sergey anatolyevich i will ask you directly, but briefly in one sentence, if you can answer, and most importantly, your immediate key goal of your strategy. they wanted

to do everything possible to prevent a war. my grandfather always considered an alliance with russia as the main condition . more than 20,000 people a day during the great patriotic war, we are in a very dangerous moment in human history , what is happening now in ukraine is the lessons of the gebbets, the textbook of 2018, the edition of june 22 , is designated as the beginning of the german-soviet war. well, ukraine has nothing to do with the lessons of the past. otherwise, we will repeat it politicians using speculators from history make a decision on the basis.

in the last part, i would like to talk about something other than the task of the central bank, but for the financial sectors as a whole, being competitive in the long term is not opportunistic at some point competitive. this is an operation on long-term trends. here is the german speech he said in order to start applying artificial intelligence. it was necessary to invest there 10 years ago. yes, you need to do this all the time, so the attention is on long-term trends. building your business models with these trends in mind. this is very important, and therefore, of course, we

are concerned that in such conditions there are such shocks about business and in the private sector, and in particular the financial business. can narrow the planning horizon that they stop seeing these long term trends. eh, this is a real danger. this is probably natural. i remember we last year. e in the spring is our horizon. i also narrowed down. we tried to understand what was going on, took anti-crisis fire measures together with all participants in the financial sector, but i want to say that we pulled ourselves out of this. already in september we submitted our proposal on a concept for the development of the financial market, and in december our long-term proposals on banking regulation. we try to give , uh, everything. along with the financial price-price stability in order for business and the financial sector to expand their planning horizon. this is really fundamentally important, and one of the key tasks. we have constant price financial stability, and

we believe that we are not permanent and here, uh , nothing needs to be changed, but what of these tasks that are caused by a new moment. this, of course, is to preserve the openness of the economy, which is why the system of international payment settlements, which andrey lenivich spoke a lot about today. and the development of the international capital market is a task that must be it is certainly very important to approach, the second is to maintain reliance on private business, which is why we talk so much about the capital market private capital markets, because if there is no private capital market, the only alternative to this is the state to solve the problem of structural transformation, therefore private capital - is a key challenge for the central bank now and technological development. we really want to see it under the existing restrictions. and we are technological. uh, hmm dependent we continue to depend on uh outside

of the world and many outstanding systems that the banking sector has made. yes, they were uh, somewhere they relied on external solutions. we need to do everything to ensure that both internal solutions and partnerships with e hmm strange ones who are ready to participate with us hmm do not stop this technological development and keep this element of the competitiveness of the financial sector so that it provides modern, convenient, cheap financial services for businesses and people in our country. thanks a lot. i thank all the participants in the plenary session our viewers. now, after a short break, the congress will continue. plenary session of the financial congress of the bank of russia in the kiev-pechersk lavra, another building was sealed. in total, three of them have already been closed

, including the residence of representatives of the economic ukrainian orthodox church. parishioners. now they open 2 hours late , the lawyer defending the interests of the lavra said that the authorities have no legal basis for such action, let me remind you that the situation around the abode escalated at the end of march. the ukrainian authorities unilaterally terminated the lease agreement with the option to demand that the clergy and monks. representatives of the economic church left the territory, refused to fulfill these requirements and went to court. to strike the late administration of the volnovakha district , they used the american hymars system, the updated data of the investigation sounded harmful, the acting head of the region. denis pushilin ukrainian militants, shot at the city the night before, one of the shells literally went through. the building broke through three floors, there are no victims, three minor grasses.

the german police detained seven islamists who were planning terrorist attacks in the country, according to the general prosecutor's office of the federal republic of germany, citizens of tajikistan, turkmenistan and kyrgyzstan arrived in germany from the territory of ukraine last spring, the suspects maintained ties with the islamic state banned in russia and a terrorist organization. they formed an extremist cell and began to look for targets for attacks and tried to buy weapons, but to develop an accurate plan of the criminals. the secret services did not have time. they were detained earlier in the west of germany as expected before the end of the day, the court will approve the arrest of the extremists. nicaragua , the country's highest volcano, became more active after a powerful explosion over the mountain, a pillar of ash rose up to 2 km high. nicaragua has not issued any warnings to the aviation or residents of the suncrest, which is a volcano that is washing out, scientists consider such bursts of activity to be normal. briefing underway in moscow

official representative of the russian ministry of foreign affairs maria zakharova broadcast on our channel of the active system the hall in the highmore fire in the city so, the magician of the zaporozhye region killed two civilians, the third of july was shelled, the village of troitsk in the kursk region was destroyed six private households on the fourth of july , a powerful blow was dealt to makiivka damaged 40 apartment buildings 12 schools 13 kindergartens 9 medical institutions. i would like to ask the western media, which regularly publish footage of huts. mariupol, maternity hospital and so on do not want to make a photo report on how weapons of your modes are used. don't be humble motivate yourself. at the moment , 41 victims are known

; this topic has never been tabooed, there are no dead and wounded on the other side, there are only fictions that zelensky companies come up with and which are visualized due to technological capabilities, including hollywood the grossest violation of the norms of international humanitarian law has become everyday life for the kiev regime, every day they commit monstrous crimes against the inhabitants of donbass and other russian regions bordering ukraine, the atrocities of the nazis, including those committed during the hostilities, do not go unpunished , the investigative committee of the russian federation investigates each i emphasize each crime committed on the basis of the evidence collected in rostov-on-don. there are trials of ukrainian militants, including members

of a nationalist regiment banned in russia. azov is not involved in the abuse and murder of residents of new russian regions for crimes against civilians. courts of the dpr and lpr. prepared for the long haul. more than 30 ukrainian nationalists were sentenced to long terms of imprisonment, including life imprisonment. this week , sentences were handed down on militants, one of whom andrei petrenko killed with a shot from a sniper room. the rifles of civilians in mariupol, two others , pinkovsky and bardash, threw grenades into residential buildings of possession in lisichansky and get dangerous this led to a serious injury to an elderly woman and the destruction of the premises warn everyone who is standing? on guard of this very kiev tourist regime and participates in its activities. all those who implement zelensky's criminal orders i'm not talking

about those who develop them , every criminal acting to please the nazi regime by its western patron. awaits severe punishment in accordance with the law and we strongly advise everyone who is now being pushed to such actions motivated by zombies. or who might have really lies to this heart? i'm not talking about the soul. i think that such people are soul dead. we strongly advise you to think about the future about your future about the future of your loved ones, and the future of your potential victims and make the only right choice. before it's too late to lay down arms and not participate in zelensky's tourism activities , by the way, he recently told the american channel here that kiev has no secrets from the cia. do you know what he is talking about? well

, we knew that ukraine was controlled all for a long time, maybe someone did not guess. in principle, this is a generally accepted fact. this suggests that everything that happens on the territory of ukraine is controlled by the cia and other american intelligence agencies, the country has long been under external control from its sovereignty and independence, there is no trace left. now zelensky is cracking down on the people of ukraine, he has such a mission, he was designated this goal in this way. therefore quite. naturally, the kiev regime has no secrets from foreign intelligence services and cannot have any. by the way, it is symbolic that the fourth of july is the day of the national holiday of the united states the monumental sculpture of the motherland in kiev. it was installed by the soviet government on may 9, 1981 in honor of the liberation of the ukrainian capital and the ussr from the nazi invaders, so this

sculpture once again emphasized, which is associated in ukraine with the motherland lit up with the colors of the american flag. here is such a motherland there now, though there is another hypothesis. why is it done? in ukraine, pseudo historians worked to the fullest, you know the lies historians who developed different ideas in order to spur nationalist feelings in their citizens one of such concepts, which was developed by a ukrainian scientist in quotation marks. we take this word dubina a. it consisted in the fact that columbus is none other than a native, just. with ukraine well, it doesn't matter what the documents say about something else, and it doesn't matter that, strictly speaking, ukraine didn't exist then. it means nothing to the nationalists. and this is also recorded. to ukrainians it is also symbolic

that the other day zelensky sent the verkhovna rada a bill in accordance with which the english language is proposed to be given a special status in ukraine as an international language of communication. what is the essence of this project? promote the use of english throughout ukraine in the public spheres of public life know what that means? well, they, of course, note that the adoption of the law will allegedly contribute to the activation of the processes of integration of ukrainians into the european community, and i'll tell you the truth. they are just waiting and preparing the territory of ukraine for the occupation. for the occupation of the topic who should manage them, as zelensky denied the people of ukraine the opportunity to manage the country's property was sold. given away for a penny, literally everything earth history

property industry production, what is left of the air is not to be sold. well, the truth is, they spoil it regularly. so they got to the language of the very language that was taken away from the indigenous population of their country, distorted, and now they are preparing, as always with caravans. how did they do it then in the forties to meet the occupation of no other meaning in this is not. we are already used to it. in general, in principle, already to all the fortins that are thrown out there. of course, in the history of the english language, we are struck by incredible cynicism. now let's get back, st. petersburg, where the financial congress of the bank of russia is taking place, i would not say that we have any

specific risks now, because i believe that we are all the main risks today. the task is, probably, not to hedge any specific risks to build a new infrastructure. actually, what was discussed today was simply there was a global shift in the bank. these are probably the most incorporated organizations in the international infrastructure. our economy itself is very deeply integrated. uh, international financial connections, but uh, the task before us now is to build an alternative system of everything in fact in the uh international plan of everything that is connected with the markets of the payment system and so on and so forth. this is probably such a challenge. it's not a risk. this is a big challenge that we are facing today and that we are actively working on. that's

why i think that somehow this the problem will be solved, of course. it probably won't be as effective as it used to be. and simple, but gradually i think this problem will be solved, what are the specific risks. today i don't see liquidity risk. there is no capital problem with the help of central bank regulation there are banks that have had capital problems. they are resolved. we had no problems with capital, so for us, no, well, in general, now there are no such specific risks, i do not see for several months. as for the funds only, but was

increased demand for cash in four regions. it was short-lived and quickly ended in general, if we talk about the impact on the country. here, with regard to the ruble exchange rate , the word uncontrolled caught my ear a little bit, to uncontrolled in the market. yes, we have a market rate and the rate is, as we say, a float. yes, thank god that it exists, we see what a problem with the economies in countries where they are trying to interfere in pricing, so this float has now jumped up. there will be an adjustment to the new realities of all sectors economy and some new

stabilization will come. i'm not sure that the course is at the optimal level now. i think that all the same, he should e strengthen himself. well, it certainly won't go to the uh, extremely low levels that it was last year. that's why nothing out of the ordinary happens absolutely predictable. understand the policy of the country's central bank and government. in general, it has its advantages.

our first forecast, if i remember correctly , was finally 75-78 rubles. for a dollar we don't have it yet deviation from the equilibrium rate we we always assume and in general, this is normal with a floating rate. this is absolutely normal. about super profit. here, i don’t know, these are the words to come up with what profit from above is. let's agree on terms. here we earn capital in the best years, 20%. the banking

sector will also continue this super-profit can not be called a return on capital of 20% congress. this is significantly lower than in a number of other ceremonial sectors in particular. there are 60 and 70% yields in a number of sectors. e banking sector. this is impossible. he is not it can be profitable from above and such a profitability plus or minus, if you remove the extreme years, then it is between there, 17 to 22-23%, so it fluctuates all the time. and if it is closer to 20 or slightly above 20, then the temperature in the banking sector. calm and normal. if it's lower, then, well, there are some signs, um, of some disturbance. yes, there is something there, as a rule, this is due to the fact that banks have large risks, e.g. and soon everything is here, so now, uh, that

the returns are returning to normal , the normalized level shows that kostov, the risk returned to normal. well, this year there will be an abnormal non-normalized profit , there will be a slightly higher profit, because last year everyone created reserves. and of course, we, including a number of other financial organizations, have created reserves with a margin, and now a small example. yes, we have now dissolved the reserve of july, a large reserve, we sold it to our european bank. and hmm, last year we lost in return on capital, and this year we will have such a blowout. eh, we did not arrive we think. uh normal. that is, this is a one-time what it is called, yes, this is a one-time

profit and it is not necessary to calculate the return on capital on it. that's why this year the banks will be in the first place, well, if nothing happens before the end of the year, there will be a normalized net profit plus simply sliding from what the banks managed to realize this year compared to the expectations that they have were last year in this sense against the backdrop of the last extremely bad year, this year will be due to higher profit levels, but a year later it is no longer will. something, we publish, as usual, the eleventh.

first, with regard to the volatility, uh, of the exchange rate, you can probably see from our financial results that they are more or less consistent, because we are a bank that prefers to hedge its currency position as much as possible, so there are some fluctuations, but they not radical. well, as it were, well, and in the other direction, we do not earn on the exchange rate and do not lose rates, the invalid position is closed, as far as it is concerned. raising the rate cut i'm not the central bankers not i think that i need this topic to answer these

questions. thanks term or capital allows you? it seems, in short, over rivne exactly to those standards that are becoming the central bank. it's just that the location of capital is so large that it becomes unprofitable, therefore the regulation of the central bank. in general, it is disstimulating enough to make it unprofitable for us to do this, so we cannot do it there for several months at the moment. in a few days. we had a small share in excess of 25%. so he uh uh already entered normal

regulated corridor, therefore, there is no problem with this. thank you very much answered the questions of journalists.

now let's get back to the briefing by russian foreign ministry spokesperson maria zakharova i would like to say a few words about the meeting of the un security council on the supply of arms to ukraine on june 29 at the initiative of russia took place, and a similar meeting was held in new york. as speakers from civil society , the russian side invited the journalist max blumenthal from the usa and whose speeches are from ireland in their speeches. they presented the facts the use of western weapons by the kiev regime to strike civilian targets in donetsk and the implementation of sabotage calls in the belgorod region gave evidence of a multibillion-dollar infusion of american taxpayers.

the corruption scheme of fueling the war against russia at the hands of the ukrainians summarized that only the western elites and the military-industrial complex benefit from the escalation of the conflict on their part from russia does not correspond to the status of a neutral-state pursued course towards the consistent pumping of the kiev regime. with european weapons, as well as turning ukraine into essentially its own pocket private military company, western members of the security council, he is led by us representatives in his usual vein. they tried to make russia guilty of unleashing hostilities. in ukraine, at first, which was supposed to be their support for the anti-constitutional coup d'etat in kiev in the fourteenth year, and before this several rounds of the so-called maidan riots. the rest of the meeting participants, representing the global south, once again

voiced a firm call for peace, which is largely hindered by ukraine's pumping of western weapons. we will continue to draw the attention of the international community, including on the site of the security councils, to this uh problem and uh, what we were talking about were statements, of course, of foreign affairs in this regard, and ours of ours. uh, the secret services in ukraine continue to fight the orthodox church. she got a new wife now culturological dimension on june 26 , the russian foreign intelligence service reported that the kiev-pechora lavra, a component of the unesco world heritage sites called kiev sophia cathedral and related monastic buildings, is stored in the kiev-pechora lavra. kiev pechersk lavra so e. relics of christian values ​​stored in the kiev-pechersk lavra are going to be taken from ukraine to europe under the pretext of protection from, as they say, missile strikes from russia

, the reason for this, of course not, the russian military avoids strikes on