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Banking sector key performance indicators continue to improve in January – November 2017 15 December 2017 News Share VKontakte WhatsApp Telegram In January – November 2017, banking

Today the Bank of Russia Board of Directors decided to cut the key rate to 7.75% p.a. The reason behind our decision to

from 18 December due to the reduction of the Bank of Russia key rate. Interest rates on the following instruments: loans secured by the pledge

as information from the Bank of Russia’s Board of Directors on key issues of the Bank of Russia’s operation in the third quarter

The Central Bank of the Russian Federation Banking Supervision Department Table 16 Key Characteristics of Сredit Operations of the Banking Sector (Billion Rubles) Rubles Foreign

1 to 2 days Occasionally6 (key rate) (key rate) (key rate) (key rate) (key rate) (key rate) (key rate) (key rate) From 1 to 6

the next working day after being fixed 3.1. Bank of Russia Key rate by the Board of Directors of the Bank of Russia 3.

a Memorandum of Understanding on November 29th, 2017 (hereinafter — the Memorandum). The key areas of cooperation envisaged in the Memorandum are the following: assistance in

Russia market operations (conducted on an auction basis) is one of the key elements of the banking sector liquidity management process, which, in addition to

movement of indicators which characterise the development of both the economy and key markets used for the investment of pension savings, i.e. the share,