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more than 3.5 times from 2.0 to 7.3 trillion rubles. The share of mortgages in the total portfolio of household loans went

interest rate on retail rates on loans in rubles, %* interest rates on deposits in rubles, %* deposits in rubles of top-10 banks and Bank of Russia

usual taxes on debt are ineffective, and they construct a time-consistent policy rule which delivers maximum utility. Stavrakeva 2020, in a similar model with pecuniary

deficit if its stock of loans (denominated in rubles) exceeds its stock of deposits (denominated in rubles) and capital. Therefore, the developments presented in Figures

FEDERATION), ‘БАНК РОССИИ’ (BANK OF RUSSIA), the coin denomination ‘2 РУБЛЯ’ (2 RUBLES), the year of issue ‘2021 г.’ (2021), the chemical symbol of the

the Bank). The Bank of Russia received 14,000,000,013.13 rubles for the shares. Moreover, the new owner is to transfer a part

Bank of Russia, Rosstat. slower growth in costs and business risks, and ruble appreciation. However, businesses noted accelerating growth in demand and expected the high

the National Wealth Fund in foreign currencies. The amounts of funds that rubles. Since the Bank of Russia has the right to can be accumulated

0.4% of the payment amount and shall not exceed 1,500 rubles,’ said Alla Bakina, Director of the Bank of Russia’s National Payment

billion rubles, as compared to 57 billion rubles in 2020 H1. Illegal cash-outs in the banking sector decreased by nearly 20% to 31 billion rubles.