The Bank of Russia has announced that it will maintain the current macroprudential limits (MPLs) on unsecured consumer loans and microloans for the second quarter of 2025.
Elvira Nabiullina, the head of the Central Bank of Russia, addressed the Association of Russian Banks with a review of last year's banking sector outcomes and forecasts for the future.
Deputy Central Bank Governors and Deputy Finance Ministers from the BRICS countries convened in Cape Town, South Africa, to outline key areas of cooperation.
The recent release of the summary of the key rate discussion sheds light on various economic factors, including inflation, monetary and external conditions, and alternatives to the key rate decision.
Following discussions with market participants, the Bank of Russia has finalized certain provisions regarding the regulation of credit concentration risks.
The Bank of Russia has announced that unit investment funds (UIFs) for qualified investors will have the opportunity to change their status to UIFs for non-qualified investors.