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loan restructuring. The Bank of Russia has implemented extensive regulatory easing of reserve requirements to support lending to the economy and ensure a smooth process

is calculated with a time lag). There was also a moderate increase in reserve fund contributions (according to up-to-date information). Preview photo: Doucefleur / Shutterstock / Fotodom

of banks’ required reserves with the Bank of Russia 0.0 -0.1 0.0 -0.1 2. Change in free bank reserves (correspondent accounts

Required Reserves Ratios (percent) Required reserve ratio Required reserve ratio Required reserve ratio № 5 (324) Bank of Russia Statistical Bulletin Required reserve ratio Required reserve

from such adverse events. Not only low inflation, but also the accumulated reserves and safety cushions both at the federal level and within financial institutions

slightly expanded, which was partially driven by more uniform averaging of required reserves by banks and the redistribution of funds from banks’ correspondent accounts into

Timeframe for Calculating the Value of Assets Constituting Pension Reserves and the Aggregate Value of Pension Reserves of a Non-governmental Pension Fund’ (becomes effective on

will, after all, end up as non-performing will be covered by loan-loss reserves set aside by banks in the medium term. April saw retail lending

note has been prepared by the Research and Forecasting Department. All rights reserved. The views expressed in this note are solely those of the author