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of stress-testing results as part of the Bank of Russia's macroprudential policy. Macroprudential stress-testing is designed to assess the financial sector’s resilience under

of all pension savings, which come from 93.4% of NPF insurance policy holders. One year ago, the two readings were under 82% each. Funds

65 2. MAIN INDICATORS AND INSTRUMENTS OF THE BANK OF RUSSIA MONETARY POLICY 2.1. The Bank of Russia Balance Sheet...........................................................................................................................................66 2.2. The

65 2. MAIN INDICATORS AND INSTRUMENTS OF THE BANK OF RUSSIA MONETARY POLICY 2.1. The Bank of Russia Balance Sheet...........................................................................................................................................66 2.2. The

65 2. MAIN INDICATORS AND INSTRUMENTS OF THE BANK OF RUSSIA MONETARY POLICY 2.1. The Bank of Russia Balance Sheet...........................................................................................................................................66 2.2. The

run their course, inflation will fluctuate near 4%. In pursuing its monetary policy, the Bank of Russia will take into consideration the medium-term risks of

The issue presents information on Bank of Russia Board of Directors’ monetary policy meetings in 2018 and on the stage-by-stage replacement of the Bank of

reputation. Following the discussion, the Bank of Russia will determine a further policy in this area alongside a specific package of measures to encourage credit

corporate performance, as well as a fully functional call centre to support policy holders 24/7. Moreover, the specifics of mandatory insurance bring about the

the package of measures would include: improving information disclosure procedures and minimising policy holders’ and beneficiaries’ misunderstandings of risks specific to compound insurance products. These