Central Bank of Russia

(redirected from Central Bank of the Russian Federation)
Also found in: Acronyms.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
the conclusion of the Central Bank of the Russian Federation with regard
HOUSEHOLD EARNINGS ON THE RISE A report recently released by the Central Bank of the Russian Federation reveals that real household income for January-August 2001 rose 6.9 percent compared with the same period a year earlier.
The Bank of Russia took this decision in connection with the credit institution's failure to comply with federal banking laws and Bank of Russia regulations, repeated violations, within a year, of requirements stipulated by Articles 6 and 7 (except for 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 in connection with the applications of measures, within a year, stipulated by the Federal Law 'On the Central Bank of the Russian Federation (Bank of Russia)'.
The Bank of Russia took this decision due the credit institution's failure to comply with federal banking laws and Bank of Russia regulations, repeated violations within one year of the requirements stipulated by Articles 6 and 7 (except for Clause 3 of Article 7) of the Federal Law 'On Countering the Legalisation (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism', and the requirements of Bank of Russia regulations issued in pursuance thereof, and taking into account repeated applications within one year of measures envisaged by the Federal Law 'On the Central Bank of the Russian Federation (Bank of Russia)'.
The Bank of Russia took such an extreme measure -- revocation of the banking licence -- because of the credit institution's failure to comply with federal banking laws and Bank of Russia regulations, due to the fact that the values of all capital adequacy ratios of the bank are below two percent, because of decrease in the bank capital below the minimum amount of the authorised capital established as of the date of the state registration of the credit institution, due to the bank's inability to meet monetary obligations to creditors, and also taking into account repeated applications within one year of measures envisaged by the Federal Law 'On the Central Bank of the Russian Federation (Bank of Russia)'.
Moscow: Due to the failure by the Moscow-based credit institution Joint-stock Commercial Bank EuroAxis Bank or JSCB EuroAxis Bank to comply with federal banking laws and Bank of Russia regulations, failure to comply with federal banking laws and Bank of Russia regulations, inability to satisfy its creditors' claims on monetary liabilities, and taking into account the repeated application within a year of measures envisaged by the Federal Law 'On the Central Bank of the Russian Federation (Bank of Russia)', guided by Article 19, Clause 6 of Part 1 and Clause 4 of Part 2 of Article 20 of the Federal Law 'On Banks and Banking Activities', and Part 11 of Article 74 of the Federal Law 'On the Central Bank of the Russian Federation (Bank of Russia)', the Bank of Russia decided (Order No.
Full browser ?