Search Results for: Bank of Russia
Central Bank of Russia informs on revocation of banking licence
April 12th, 2016
The Central Bank of the Russian Federation (Bank of Russia) has issued an announcement to inform in relation to its decision to revoke the banking licence from the credit institution Joint-stock Commercial Bank KROSSINVESTBANK open joint-stock company. Due to the non-compliance ...
Bank of Russia and PBOC signed FX swap arrangement
March 3rd, 2016
In October 2014, the CBR and the PBC signed a bilateral local currency swap arrangement with 815 billion RUB/150 billion CNY for the purpose of supporting bilateral trade and direct investment of the two countries. Based on the friendly cooperation and negotiation, the CBR ...
Bank of Russia Sets Up Taskforce to Explore Bitcoin and FinTech
February 29th, 2016
It may come as quite a surprise to some people, but the Bank of Russia will be exploring what Bitcoin technology has to offer to the financial world. The status of Bitcoin in Russia seems to be changing on ...
Bank of Russia: On cancelling licences of professional securities market participant
January 27th, 2016
The Central Bank of Russia has issued an announcement to inform public and investors that: On 15 January 2016, the Bank of Russia took a decision to cancel licences of a professional securities market participant to carry out broker ...
Bank of Russia Warnings: Perspective Plus Investment Company
October 20th, 2015
On cancelling licence of professional securities market participant On 8 October 2015, the Bank of Russia took a decision to cancel licence of a professional securities market participant to carry out securities management No. 163-03386-001000, dated 29 November 2000, due to the request of Perspective Plus Investment Company, limited liability company ...
$50 Oil for 15 Years Isn’t What Scares Bank of Russia Governor
October 15th, 2015
Slow pace of economic overhaul is bigger worry for Nabiullina Russia remains hamstrung by corruption, weak institutions Fifteen years of oil at $50 a barrel isn’t the worst nightmare for Russian central bank Governor Elvira Nabiullina. “What worries me ...
The Bank of Russia reports on cancelling licences of firms offer broker activity
September 9th, 2015
The Central Bank of Russia has issued a press release to inform that took a decision to cancel licences of a professional securities market participant following requests of the following entities: 1) Ural Invest Management, LLC (TIN 5904185160) to ...
Bank of Russia: On cancelling licences of professional securities market participant
August 31st, 2015
Due to the revocation of the banking licence from the Moscow-based PJSC JSCB EUROMETВ (TIN: 7726016846) (hereinafter, the Company), on 27 August 2015, the Bank of Russia took a decision to cancel licences of professional securities market participant to carry out broker activity No. 077-04001-100000, dated 21 December 2000, dealer activity No. ...
Bank of Russia Gets Putin’s Praise, Opts for Verbal Intervention
August 10th, 2015
Russian President Vladimir Putin commended the central bank for its efforts to keep the ruble stable after policy makers called for calm as the currency headed for a six-month low. “The central bank is doing a lot to strengthen ...
Bank of Russia Halts Foreign-Currency Purchases, as Ruble Hits Five-Month Lows
July 30th, 2015
Central bank stops buying U.S. dollars for reserves in bid to balance inflation and growth measures Russia’s central bank, whose credibility has been tested over the past year by runaway inflation and a volatile currency, is coming sharply into ...
