Search results | Bank of Russia

5221 05.02.2026

New rules for calculating banks’ consolidated ratios: concept for discussion

so as to enact the new rules as early as 2027 Q4. For banks to adapt to the new rules, certain decisions are expected to

5222

16.01.2026

Estimation and forecasting with a Nonlinear Phillips Curve based on heterogeneous sensitivity between economic activity and CPI components

H. H., Lee, N. (2009). Nonlinear Phillips curve, NAIRU and monetary policy rules. Empirical Economics, 37(1), 131-151. Karadi, P., Nakov, A., Nuno, G., Pasten,

Estimation and forecasting with a Nonlinear Phillips Curve based on heterogeneous sensitivity between economic activity and CPI components

5223

15.01.2026

Structural seasonality

policy rule of Taylor type is (A9) and rule for transfers (A8). There are definitions of two variables that are used in the rules. The

Structural seasonality

5224 29.12.2025

New rules for DFAs purchases by investors

New rules for DFAs purchases by investors 29 December 2025 News Share VKontakte Telegram Макс Starting from 2026, a revised classification of digital financial assets

5225 26.12.2025

Bank of Russia commentary on transactions with NWF resources in domestic FX market in 2026 H1

transactions using NWF resources to cover the budget deficit outside the fiscal rule have been conducted in 2025. Taking into account the amount of foreign

5226 23.12.2025

Cryptocurrency market prospects: Bank of Russia’s proposals

Cryptoassets will be accessible to both qualified and non-qualified investors, but the rules for them will differ. The Bank of Russia has presented its proposals

5227 22.12.2025

Microfinance market continues to cool: 2025 Q3 results

increasing overdue debt will abate owing to the gradual tightening of the rules governing the issuance of the most expensive microloans, as stipulated in the

5228 22.12.2025

New rules on depository accounting

New rules on depository accounting 22 December 2025 News Share VKontakte Telegram Макс The Bank of Russia plans to amend the rules on depository accounting

5229 16.12.2025

MFOs to be prohibited from issuing new microloans before old ones are repaid

high-cost loan is repaid and before the next one is granted. These rules are set out in the law adopted by the State Duma, which

5230 11.12.2025

Rules for faster transfers of securities: draft Bank of Russia ordinance

Rules for faster transfers of securities: draft Bank of Russia ordinance 11 December 2025 News Share VKontakte Telegram Макс The law simplifying transfers of Russian