On changing the size of certain adjustment ratios used to correct the cost of non-market assets
Effective 1 September 2016, the Bank of Russia updates the size of certain adjustment ratios used to correct the cost of non-market assets taken as collateral against Bank of Russia loans in compliance with Bank of Russia Regulation No.
| Entity bound by asset | Asset quality category | Adjustment ratio size valid till 1 September 2016 | Adjustment ratio size effective 1 September 2016 |
| Entity bound by asset is included in the Bank of Russia List | Asset belongs to Quality category I* | 0.95 | 0.8 |
| Asset belongs to Quality category II* | 0.8 | 0.7 | |
| Entity bound by asset is not included in the Bank of Russia List and is not the Russian Federation, RF constituent member or municipal entity | Asset belongs to Quality category I* | 0.8 | 0.7 |
| Asset belongs to Quality category II* | 0.7 | 0.6 | |
| Entity bound by asset is the Russian Federation, RF constituent member or municipal entity | Asset belongs to Quality category I* | 0.98 | 0.98 |
| Asset belongs to Quality category II* | 0.98 | 0.98 |
Earlier set adjustment ratios will be used to those assets which are taken as collateral against Bank of Russia loans as of 1 September 2016.
The said decision was taken considering a lower demand of credit institutions for refunding operations and a substantial volume of available uncommitted collateral.
* Pursuant to Bank of Russia Regulation No.
The reference to the Press Service is mandatory if you intend to use this material.
12.08.2016 00.00.00