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25.10.2017
assistance from larger regional educational institutions and libraries. In 2017-18, training sessions are scheduled to be conducted in 25 Russian cities, including Kursk, Yaroslavl, Krasnodar,
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debts, can be avoided. As a result, high Russian household debt levels are expected to fall.
The implementation of the report’s provisions will also
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deposits are adults aged 60 years and over, and pensioners (including disability pensioners).
Non-bank financial institutions (microfinance organisations, consumer credit cooperatives, and pawnshops) are becoming
Mamonov for his
valuable input and commentary. All errors in this report are those of the authors.
© Central Bank of the Russian Federation, 2017
Address
shocks. They are also more inclined to further ex-
pand their debt burden than high-income borrowers, and, for them, higher loan interest rates are
less
X data are not published
In some cases minor discrepancies between totals and sums of items are due to rounding.
Figures in bold are revisions
are made, are accounted for in the financial statements net of the
amount of provisions made.
(h) Fixed assets
Bank of Russia fixed assets are
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their consent to such disclosure (as was the case before). These changes are due to the implementation of Bank of Russia Ordinance 4515-U, dated 31
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formulating conceptual approaches to macroprudential stress-testing at the Bank of Russia. These are to be in line with best practice of other central banks, to
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Only Russian credit institutions are allowed to participate in the placement of Bank of Russia bonds.
Bank of Russia bonds are traded solely among Russian