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problems,’ said Ilya Kochetkov, Director of the Non-bank Lending Department of the Bank of Russia.
In addition, the draft law reduces the maximum amount of
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fines against banks violating financial consumer rights.
If a bank commits a violation for the first time, the regulator will advise such a bank to
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Bank of Russia Board of Directors on the key issues of the regulator’s activities in 2025 Q3, and the annual report of the Bank
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effective provided that certain conditions are fulfilled (regular bank card turnover, a permanent minimum balance on a bank card, etc.) are not taken into account.
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Refinancing Rate
% p.a.
Period in Effect Rate
From January 1, 2016
Equal to the Bank of Russia key rate set as of the respective
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weeks
* Not available.
** According to The Bank of Russia Ordinance No. 2005-U, dated back to 30.04.2008, “About banks’ economic position assessment”.
Updated February
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2013
32.20
39.20
11.09.2013
32.25
39.25
30.09.2013
32.30
39.30
The Bank of Russia FX Policy
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meeting
16 December 2025
News
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Bank of Russia Governor Elvira Nabiullina and Bank of Russia Deputy Governor Alexey Zabotkin will take
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Minimum bid acceptable rates, set by the Board of Directors of the Bank of Russia.
1 From April 30, 2010 2-week auctions were replaced by
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Credit Institutions Having Agreements with the Bank of Russia for Monetary Policy Operations*
Date Deposits Repos Loans according to Regulation No. 236-P Loans according to