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In compliance with Article 18926 of the Federal Law ‘On Insolvency (Bankruptcy)’ by its Order No. OD-1207, dated 12 April 2016, the Bank of Russia

invest up to 45% of the insurance reserves in mortgage-backed bonds guaranteed by the AHML or the government. For composite insurance companies the limit for

for goods and services. The new banknotes are expected to enter circulation by the end of 2017, since it is roughly two years from the

On revocation of banking licence 11 April 2016 Press release Share VKontakte WhatsApp Telegram Due to the non-compliance by the Moscow-based credit institution JSCB KROSSINVESTBANK

On revocation of banking licence of the credit institution KROSSINVESTBANK and appointment of provisional administration 11 April 2016 Press release Share VKontakte WhatsApp Telegram By

Companies and banks reduced almost by five times capital outflow in Q1 11 April 2016 News Share VKontakte WhatsApp Telegram According to the Bank of

business benefits from malpracticing will be totally which is used by many foreign outweighed by the proportional and worthiness evaluation advancing jurisdictions regulator, supervising prominent

administration of the credit institution Commercial Bank ERGOBANK, limited liability company, appointed by Bank of Russia Order No. OD-88, dated 15 January 2016, ‘On the

On revocation of banking licence from the credit institution Maima and appointment of provisional administration 8 April 2016 Press release Share VKontakte WhatsApp Telegram By

of the measures stipulated by the Federal Law ’On the Central Bank of the Russian Federation (Bank of Russia)’, and guided by Article 19, Clauses