Tag Archives: central

The Central Bank is going to mitigate the requirements for control of the banks for clients in terms of transactions falling under mandatory control in the sphere of combating money laundering and legalization of incomes, and access to databases of government agencies to identify clients, reported the media. Draft amendments …

The CBR explained why deny the possibility to stimulate the economy by increasing the money supply. According to the regulator, such action is extremely limited and is not suitable in terms of inflation. In the proof of the Central Bank brings the experience of developed countries. While it remains unclear …

Elvira Nabiullina believes in the growth of the economy until 2018. The Central Bank revealed details of a new stressful scenario of economic development, where a barrel of Urals oil will cost $25 for 2016-2018. The parameters of the negative scenario published in the regulator’s report on monetary policy (DCT). …

Russia’s economy in the first quarter of 2015 may be reduced in annual expression on 1,7—2,5%. This forecast is contained in a statement released today an updated report of the CBR monetary policy. “In the first quarter of 2016, the Bank of Russia’s GDP would shrink by 1.7-2.5 per cent, …

The Bank of Russia has withdrawn from 17 March 2016 the license for banking operations at the Moscow National corporate Bank (Neckarpark), according to the Central Bank. According to the regulator, Accordbank had committed violations of banking legislation and Bank of Russia regulations in assessing credit risk. According to the …

Adjustment of the Russian economy to the low level of world commodity prices this year will continue, I believe in the Central Bank of the Russian Federation. Earlier on Friday, the Board of Directors of the Bank of Russia took a decision to maintain the key rate at 11% per …

Several dozen Russian banks were hacked. On Wednesday, March 16, reports “Kommersant”. On Tuesday, the employees of financial institutions have received malicious emails, allegedly sent from the monitoring Center and respond to computer attacks in the financial sphere of the Central Bank (CB). The mailing was made not at random, …

The people’s Bank of China is preparing new rules that would allow banks to exchange outstanding loans to companies on their shares. The new rules will lead to a reduction in overdue loans in the banks, moreover, will help free up the funds needed to Finance major infrastructure projects and …

The Bank of Russia proposes to oblige all insurers operating on the OSAGO market, to conclude contracts in electronic form from 1 January 2017. The relevant information contains in the message of the regulator. “The electronic sale of insurance policies was launched in Russia on 1 July 2015. However, the …

This week will be a meeting of the Bank of Russia on issues of monetary policy. Overall, there was good conditions for a rate cut, but experts are not sure that the regulator will decide on some steps. Reuters conducted a poll of 22 economists, the vast majority of them …