The IMF is confident that the US authorities are taking appropriate measures on the situation around the bankruptcy of SVB

The text of the statement of the press service of the fund is reported by TASS.

It says that the IMF is monitoring the implications for financial stability and expresses confidence that US policymakers are taking the necessary steps to resolve the situation.

Earlier, the Axios portal reported that the American banking system is in danger of a crisis if the US presidential administration fails to save Silicon Valley Bank (SVB).

US Treasury Secretary Janet Yellen said that the US authorities would not bail out the previously bankrupt Silicon Valley Bank (SVB), but intended to help depositors of the financial institution.