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of the Russian Federation (Bank of Russia)’. Bank Gagarinsky implemented high-risk lending policy and did not create adequate loan loss provisions commensurate with risks assumed.

the Russian Federation (Bank of Russia)’. Bank Stariy Kreml implemented high-risk lending policy and did not create adequate loan loss provisions commensurate with risks assumed.

Russian Federation (Bank of Russia)’. JSC ENO (PJSC) implemented a high-risk lending policy and failed to make provisions on possible losses on loans and other

measures. At the same time, the credit institution implemented an aggressive lending policy and failed to comply with the supervisory authority’s instructions to restrict

Federation (Bank of Russia)’. Because of the bank’s highly risky lending policy and extremely poor quality of assets which did not generate sufficient cash

Russian Federation (Bank of Russia)’. Joint-stock Commercial Bank AZIMUT implemented high-risk lending policy and did not create adequate loan loss provisions commensurate with risks assumed.

the Bank of Russia revealed that CB Transportny LLC conducted an aggressive policy of raising household funds through, inter alia, offering increased interest rates on

1. Aghion P., Bacchetta P., Banerjee A. A simple model of monetary policy and currency cri- ses // European Economic Review. Volume 44. Issues 4–6.

BANK OF RUSSIA MONETARY POLICY BANK OF RUSSIA No. 5 2. MAIN INDICATORS AND INSTRUMENTS OF THE BANK OF RUSSIA MONETARY POLICY (264) STATISTICAL 69

I will give a brief overview of our activities such as monetary policy, banking and financial market regulation and supervision, and the national payment system.