Enabling orderly bankruptcies is another means of further consolidating the sector, and the Central Bank of Russia
has not shied from letting smaller banks collapse even in the current environment.
On Tuesday (12 Mar), Central Bank of Russia
Deputy Chairman Mikhail Sukhov discussed preliminary banking sector statistics for February.
The lendera[euro](tm)s CEO German Gref told Reuters in a telephone interview that this was the best day of the past 15 months to decide to go to the market.Country: RussiaSector: Banking/Financial ServicesTarget: Sberbank Rossii OJSCBuyer: InvestorsVendor: Central Bank of Russia
(CBR)Type: PrivatisationStatus: AuctionComment: CBR could get at least USD5bn from the sale.
Individuals transferred $1.9 billion from Russia to Tajikistan in 9 months, the Central Bank of Russia
The central bank of Russia
has cut its interest rate in a surprise move.
TEHRAN (FNA)- The officials of the Central Bank of Russia
announced preparedness of major banks in their country to establish broker relations with their Iranian counterparts.
Moscow: Governor of the Central Bank of Russia
Elvira Nabiullina spoke at the annual conference of Sberbank Group, which is taking place at the World Trade Centre in Moscow.
The official exchange rate of US dollar set by the Central Bank of Russia
comprised 58 rubles, and euro - 72 rubles.
"Our financial authorities are taking necessary measures (to stabilize the ruble exchange rate)," Putin said at the Asia-Pacific Economic Cooperation (APEC) Business summit, noting that "the Central Bank of Russia
continues a policy of inflation targeting and will keep doing so." Putin added that basic indicators on gold/forex reserves and balance of payments remained at good level.
The Central Bank of Russia
has announced that the official currency of the country is Ruble and Bitcoin is a money substitute, which is why it has been banned.
TAE[currency]KENT (CyHAN)- According to the Central Bank of Russia
, the total volume of money transfers between Uzbekistan and Russia among individuals increased by 27.8 per cent in the first quarter of 2012 compared to the same period last year and hit $1.158 billion.