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rights) acquired by the Bank of Russia, that is, their transfer to a new owner according to the procedures provided for by Russian laws. All

and a member of the Bank of Russia Board of Directors. ‘Larisa Pavlova is a highly skilled professional and a brilliant organiser. She has a

date on the same day. The balance of transactions is calculated as a net worth between Bank of Russia liabilities to the banking sector and

4%’ and ‘Signicantly below 4%’) Signicantly above 4% a year Approximately 4% a year Signicantly below 4% a year Sources: InFOM, Bank of Russia calculations.

is a real estate and adequate for permanent residence of citizens (in case of meeting sanitary, technical and other regulatory requirements). Credit institution – a legal

the potential to restore their financial standing. Such borrowers include companies with a moderate debt burden, which have properly serviced their debt over the past

current trends in Russia’s external sector and enable them to do a more detailed analysis of the factors influencing the Bank of Russia’s

their balances, as well as make budget payments using digital rubles. As a reminder, the regulator earlier made the decision to extend the fee-free period

estimation (or a pooled model), within-group estimation (or a fixed effect panel model) and a Tobit model. In our study, we focus on a fixed