Central Bank of Russia

(redirected from The Central 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.
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Recommended payment terms: Payment for the goods is made in Russian rubles within 60 (sixty) calendar days from the moment the goods are delivered to the consignees warehouse in an amount equivalent to the amount in US dollars specified in clause 1 of the Specification at the official rate set by the Central Bank of the Russian Federation on the date of payment (date of withdrawal of funds from the Customers cu
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 takes this 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 repeated application within a year of measures envisaged by the Federal Law 'On the Central Bank of the Russian Federation (Bank of Russia)', considering a real threat to the creditors' and depositors' interests.
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.
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.
This suggests that the obligations of the Bank of Russia to the banking sector significantly less than the requirements of the central bank of the RUSSIAN federation in the banking sector.
(3) The Central Bank of the Russian Federation, "International Reserves of the Russian Federation in 2008," 5 December 2008; Ministry of Finance Japan, "International Reserves/Foreign Currency Liquidity (as of December 31, 2008)," 9 January 2009, http://www.mof.go.jp/english/elc006.htm; State Administration of Foreign Exchange China, "Monthly Foreign Exchange Reserves, 2009," http://www.safe.gov.cn/model_safe_en/tjsj_en/ tjsj_detail_en.jsp?ID=30303000000000000,18&id=4.
Kabanov was referring mainly to the killing of Andrei Kozlov, the deputy head of the Central Bank of the Russian Federation tasked with revoking the licenses of banks suspected of money laundering, and the expulsion from Russia of Natalia Morar, a Moldovan journalist expelled from Russia after revealing the alleged money laundering scheme that she said led to Kozlov's murder.
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