February issue of Bank of Russia Money and Credit released

The second 2016 issue features:

Banking System Consolidation to Counter Illegal Financial Operations. Dmitry Skobelkin, Bank of Russia Deputy Governor, tells about the development and functioning of the modern model to counter bank involvement in money laundering and terrorism financing. Over a short period of time, the system yielded tangible results: the value of suspicious operations dropped from $12 billion in 2012Q4 to $276 million in 2015 Q2.

Major Trends of Lending to Small and Medium-sized Businesses in Russia in 2015. Loan accessibility is an acute issue for national business and Yulia Osipova,  senior economist from the Bank of Russia Monetary Policy Department, carries out an in-depth analysis of accessibility of such loans in Russian regions.

Russian Coin Circulation in Bulgaria in 1877-1887. Alexander Bugrov, head of the educational and museum section of the Bank of Russia, says that the Russian ruble was one of the most popular currencies in the adjacent countries.

Based on the unique documents of the 19th century, he opens up a bright historical page of the Russian currency circulation in the Balkans.