Central Bank of Russia

(redirected from Bank of the Russian Federation)

Central Bank of Russia

The central bank of Russia. The Russian constitution charges the Central Bank with maintaining the stability of the Russian ruble. It sets interest rates for interbank loans in Russia and also regulates the banking industry. It was established in 1990, but traces its origins to the central bank of the Russian Empire in the mid-1800s.
References in periodicals archive ?
100% postpayment within 15 calendar days at the rate of the Central Bank of the Russian Federation on the day of payment
With reference to the Federal Law "On the Central Bank of the Russian Federation", it was reported about a complete ban on "money surrogates" on the territory of the Russian Federation.
On January 15, 2018 the Central Bank of the Russian Federation and the State Bank of Pakistan have signed in Moscow the Memorandum of Understanding on Bilateral Banking Cooperation.
The Bank of Russia took this measure following the credit institution's failure to comply with federal banking laws and Bank of Russia regulations, repeated violations within a year of the requirements stipulated by Article 7 (excluding Clause 3 of Article 7) of the Federal Law 'On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism' as well as Bank of Russia regulations issued in accordance with the said law and application of the measures stipulated by the Federal Law 'On the Central Bank of the Russian Federation (Bank of Russia)', taking into account a real threat to the interests of creditors.
MOSCOW -- Governor of State Bank of Pakistan, Mr.Tariq Bajwa and the Governor of Central Bank of the Russian Federation, Mrs.
Moscow -- State Bank of Pakistan has inked a Memorandum of Understanding (MoU) with the Central Bank of the Russian Federation (CBRF) on bilateral central banking cooperation between the two central banks.
KARACHI -- The State Bank of Pakistan (SBP) has signed a memorandum of understanding (MoU) on bilateral central banking cooperation with the Central Bank of the Russian Federation (CBRF), a press release said on Monday.
The Central Bank of the Russian Federation, Federal tax service, Vneshekonombank and the Agency for housing mortgage lending were represented, and among the speakers and participants were also the representatives of the Federal Antimonopoly service, the Ministry of economic development, Ministry of labor and social protection.
The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors.
The deal to sell Marfin to Expobank was struck on September 30, seventeen days after the Central Bank of the Russian Federation revoked the licence of Laiki's lossmaking unit in Russia Rosprombank, citing violations of the anti-money laundering and terrorist financing law.
The Central Bank of the Russian Federation canceled the corridor of the currency basket, as well as regular interventions at the boundaries of the corridor and beyond them, an official statement from the Bank said, TASS reports.
With 60 per cent shares, the Central Bank of the Russian Federation is the founder and the majority shareholder of Sberbank.