The Central Bank of the Russian Federation on Thursday for the first time changed the status of one of the existing microfinance institutions with microcredit to microfinance company (IFC). On Thursday said in a message posted on the regulator’s website. It is noted that this separation was made possible through …
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More than 600 microfinance institutions decided to exclude from the registry of the Central Bank of the Russian Federation. To such action the regulator intends to use the results of monitoring the performance of MFIs requirements on entry into self-regulatory organization. Another 326 offenders received from the Central Bank up …
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Russia’s Central Bank plans to tighten supervision of microfinance institutions. For this purpose, according to representatives of the working group of the regulator, it is necessary to use the blockchain technology for recognition borrowers of MFIs. We will remind, earlier the Prosecutor General’s office ordered the Central Bank to tighten …
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