Required Reserve Averaging Ratios
| In action since | Banks1 | Nonbanking credit institutions | Settlement nonbanking credit institutions and settlement centres of organised securities market | Nonbanking credit institutions, which has a responsibility for money transfers without opening bank accounts and other associated operations | Nonbanking credit institutions which are carrying out deposit and credit operations |
|---|---|---|---|---|---|
| 01.08.2004 | 0.2 | — | 0.2 | — | 0.2 |
| 01.11.2004 | 0.2 | — | 1.0 | — | 0.2 |
| 01.10.2006 | 0.3 | — | 1.0 | — | 0.3 |
| 01.11.2007 | 0.4 | — | 1.0 | — | 0.4 |
| 01.03.2008 | 0.45 | — | 1.0 | — | 0.45 |
| 01.07.2008 | 0.5 | — | 1.0 | — | 0.5 |
| 01.09.2008 | 0.55 | — | 1.0 | — | 0.55 |
| 01.10.2008 | 0.6 | — | 1.0 | — | 0.6 |
| 01.01.2012 | 0.6 | — | 1.0 | 1.0 | 0.6 |
| 10.12.2013 | 0.7 | — | 1.0 | 1.0 | 0.7 |
| 10.09.2015 | 0.8 | — | 1.0 | 1.0 | 1.0 |
| 01.01.2016 | 0.8 | 1.0 | — | — | — |
| 03.03.2022 | 0.9 | 1.0 | — | — | — |
1 For banks holding a general licence and holding a base licence since 01.12.2017.
Note. From August 1, 2004 to March 31, 2022 eligible credit institutions define the part of required reserves to maintain on their correspondent accounts with the Bank of Russia by themselves within the averaging ratios.
Since April 1, 2022 uniform averaging ratios are applied.
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Last updated on: 01.04.2024