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the key rate. In February and March, when the spread of the coronavirus beyond China became irreversible, many countries worldwide were rapidly introducing anti-pandemic restrictions

The baseline scenario new coronavirus strains and the resurgence of of MPR 1/21 implied that the oil price would equal coronavirus cases. Though there

at 175 bp above the key rate. to the spread of the coronavirus infection. At auction means the amount of funds extended (transferred) by the

the Terms of Insurance Products Associated with the Spread of the Novel Coronavirus Infection (Covid-19)’ and on Inadmissibility of their Hard Selling’; Bank of Russia

to accrue loan loss provisions for SME loans restructured due to the coronavirus pandemic and to maintain the quality assessment as of 1 February 2020.

situation of market volatility (e.g. , during a global financial crisis). The coronavirus pandemic is basically the first example of the crisis when nearly all

bureau data SUMMARY • The decline in retail lending activity due to the coronavirus pandemic and the related restrictive measures proved to be temporary. The quality

to last year’s figures. Consumer activity grew amid the decrease in coronavirus cases and the beginning of mass vaccination, but the percentage of the

insurance companies sell policies that cover risks of getting infected with the coronavirus infection. It was found that people sign agreements whose terms they do

may shift from domestic consumption to foreign travels. The risk of new coronavirus strains or lower paces of vaccination persists, which, in contrast, may reduce