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reserves deposited by credit institutions with the CBR including the change as a result of reserve requirements revision. The sign “+” denotes a decrease of reserves,

debt, $bn Reserves, $bn Developed countries Emerging countries Russia 800 120% External debt/GDP 2019 = 28% 700 Reserves/GDP 2019 = 33% 98% 104% Reserves cover

Reserves Management in the Bank of Russia Format Webinar (“round table”) Venue University of the Bank of Russia Objective To study the practice of reserves

495 771-91-00, +7 495 621-64-65 (fax) Website: www.cbr.ru All rights reserved. The views expressed in this paper are solely those of the authors

US Federal Reserve System, the European Central Bank, the Bank of Japan, the Bank of England, the Bank of Canada, and the Reserve Bank of

495 771-91-00, +7 495 621-64-65 (fax) Website: www.cbr.ru All rights reserved. The views expressed in this paper are solely those of the authors

495 771-91-00, +7 495 621-64-65 (fax) Website: www.cbr.ru All rights reserved. The views expressed in this paper are solely those of the authors

No. 40 (1518) - 18 April 2014 Translation by the EBRD. © All rights reserved. Corporate Governance Code (Russia) Version published on the Official Journal of the

impediments to lending growth related to banks having to draw on capital reserves to create provisions under restructured loans, the Bank of Russia at the

Reduced reserve requirements are named as one of the possible tools for stimulating green projects. For example, the Central Bank of Lebanon applies reduced reserve