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conditions Indices of changes in requirements to the borrower, p.p. in Q4 2020, p.p. 2013 2014 2015 2016 2017 2018 2019 2020 Small

of Directors’ decision to keep the key rate unchanged at 4.25% p.a. and also a decision on inclusion of securities on the Bank

The Bank of Russia keeps the key rate at 4.25% p.a. On 12 February 2021, the Bank of Russia Board of Directors decided

by 7 p compared to December) 80 and returned to the level of September 2020 75 (Chart 4). Both the expectations index (+8 p) 70

20% granted in rubles since 1 April 2020 from 100 to 20-80 p.p. depending on the PTI ratio. New standardised approach to credit risk

Documents section publishes the following materials: Bank of Russia Regulation No. 738?P, dated 27 October 2020, ‘On the Procedure for Ensuring Smooth Functioning of

p.a. 4.1 4.1 4.1 4.2 – household loans % p.a. 10.7 10.4 10.1 10.3 – corporate loans % p.

under The objective of foreign exchange asset the Fitch Ratings and S&P Global Ratings management is to ensure the best balance classifications and a

and model contest. Journal of Economic Dynamics & Control, 36, 1193–1211 Honohan, P. (2007) Dollarization and exchange rate fluctuations. CEPR Discussion Paper 6205 Kamin, S.