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Bank of Russia calculates share of foreign capital in aggregate authorised capital of credit institutions and insurance companies

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As of 1 January 2021, the share of foreign capital in the aggregate capital of credit institutions holding a banking licence totalled 10.96% (vs 11.79% as of 1 January 2020); in the aggregate capital of insurance companies, it came in at 10.40% (vs 10.83% as of 1 January 2020). The Bank of Russia calculates and discloses this indicator on an annual basis in compliance with law.

Foreign investment calculated to define the share in the aggregate authorised capital of credit institutions totalled 308.278 billion rubles, while their aggregate authorised capital came in at 2,813.834 billion rubles.

Foreign investment calculated to define the share in the aggregate authorised capital of insurance companies totalled 22.867 billion rubles, while their aggregate authorised capital came in at 219.799 billion rubles.

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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