The Bank of Russia has released a summary of its recent key rate discussion, highlighting several important aspects concerning the economic situation, inflation, monetary and external conditions, and alternatives to the key rate decision.
The Bank of Russia has issued methodological recommendations advising financial institutions against using marketing techniques that prioritize sellers' benefits over consumers.
The Bank of Russia's Board of Directors has decided to adjust its risk assessment approaches for loans issued to small and medium-sized enterprises (SMEs).
When selling electronic compulsory motor third-party liability insurance (CMTPLI) policies, insurers must allow consumers to specify engine power in either kilowatts or horsepower, as indicated in the consumer's documents.
December 2024 recorded a rise in one-year-ahead household inflation expectations, increasing to 13.9% from 13.4% in November, according to the InFOM survey.
The latest edition of the Russian Journal of Money and Finance for 2024 has been released, focusing on the role of central banks' communication in shaping market expectations.
The Bank of Russia has announced the cancellation of the effective interest rate (EIR) limit for consumer loans, including microloans, from January 1 to March 31, 2025.
Banks in Russia will soon be required to impose a two-day suspension on client orders for digital ruble transactions if there are indications of fraud.
The Bank of Russia's Business Climate Index (BCI) for December stood at 4.2 points, a decrease from November's 5.0 points, indicating a slower pace of business activity growth compared to the previous month.