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Bank of Russia Bulletin released

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Bank of Russia Bulletin No. 24 (2264) of 28 April 2021 has been released.

The new issue contains the information on the decision made by the Bank of Russia Board of Directors to raise the key rate by 50 bp to 5.00% p.a. and on putting securities on the Bank of Russia Lombard List.

The Cash Circulation section provides information about cash money supply in circulation as of 1 April 2021.

The issue publishes information on counterfeit money detected in the banking system in 2021 Q1.

The Credit Institutions section presents a review of key indicators of the foreign cash market in February 2021.

The issue publishes the following Bank of Russia orders:

No. OD-740, dated 22.04.2021, on amending Appendix 1 to Bank of Russia Order No. OD-535, dated 2 April 2021;

No. OD-742, dated 23.04.2021, on the revocation of the banking licence from the Perm-based Joint-Stock Commercial Bank ‘Professional investment Bank’ (Joint-Stock Company), or Proinvestbank;

No. OD-743, dated 23.04.2021, on the appointment of the provisional administration to the Perm-based Proinvestbank due to the revocation of its banking licence;

No. OD-745, dated 23.04.2021, on amending Appendix 1 to Bank of Russia Order No. OD-619, dated 9 April 2021;

No. OD-767, dated 23.04.2021, on amending Bank of Russia Order No. OD-742, dated 23 April 2021, and Bank of Russia Order No. OD-743, dated 23 April 2021;

No. OD-776, dated 26.04.2021, on amending Appendix 1 to Bank of Russia Order No. OD-692, dated 16 April 2021;

No. OD-801, dated 27.04.2021, on amending the Appendix to Bank of Russia Order No. OD-690, dated 16 April 2021.

The issue publishes information of the State Corporation Deposit Insurance Agency on the start date of payment of compensation for deposits, and also the place, time, form and procedure for accepting applications from the depositors of JSCB Interprombank, BANK NEYVA LLC, and JSC Nordea Bank.

The section Non-bank Financial Institutions publishes Bank of Russia Order No. OD-786, dated 27 April 2021, on the termination of activity of the provisional administration to manage Joint-stock Company Insurance Group Spasskiye Vorota-M.

The issue presents consolidated data on financial market sectors and information notices.

The Official Documents section publishes the following materials:

Bank of Russia Order No. OD-769, dated 26.04.2021, ‘On Amending Clause 1 of Bank of Russia Order No. OD-1472, Dated 10 September 2020’;

Bank of Russia Information Letter No. IN-06-59/25, dated 22.04.2021, ‘On Informing Insurance Consumers of the Terms of Insurance Products Associated with the Spread of the Novel Coronavirus Infection (Covid-19)’ and on Inadmissibility of their Hard Selling’;

Bank of Russia Information Letter No. IN-014-12/26, dated 22.04.2021, ‘On the Update of the United Nations Security Council Santion Lists’.

This news item was originally published by the Central Bank of the Russian Federation (CBR RU). For more information, please see the Source Link.

Regulator Information

Abbreviation: CBR
Jurisdiction: Russian Federation

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