Search Results for: Bank of Russia
Bank of Russia: Termination of activity of provisional administration
January 19th, 2015
Due to the ruling of the Arbitration court of the Khanty-Mansi Autonomous Area — Yugra, dated 24 December 2014 on the forced liquidation of the credit institution open joint-stock company Bank Purpe (Bank of Russia Registration No. 709, date of registration — 2 November 1990) and appointing a liquidator in compliance with Clause ...
Bank of Russia Picks New Monetary Policy Chief as Ruble Plunges
January 15th, 2015
Russia’s central bank replaced its head of monetary policy after a series of emergency measures failed to contain the ruble’s decline, drawing criticism from President Vladimir Putin. Dmitry Tulin, a former central bank official who also worked at the International Monetary ...
Bank of Russia: On cancelling licences of professional securities market participant
December 10th, 2014
The Central Bank of the Russian Federation (Bank of Russia) has released a notice yesterday to inform that: On 4 December 2014, due to the revocation of the banking licence from the Moscow-based open joint-stock company Bank-T (TIN 2315126160) (hereinafter, the Company), ...
Russia to ban Bitcoin Exchange websites, says Central Bank Official
October 10th, 2017
Russia will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor Sergei Shvetsov said on Tuesday. He called them “dubious”. Russian financial authorities initially treated any sort of money issued ...
Russia’s Central Bank Plans to Tax Bitcoin, Deem it a ‘Digital Commodity’
May 31st, 2017
The Central Bank of Russia could soon recognize digital currencies like bitcoin as digital commodities and tax them accordingly. According to the central bank’s deputy chairwoman, Olga Skorobogatova, the central bank is in the process of drafting legislation to ...
Russian Central Bank confirms $31 million stolen from accounts
December 5th, 2016
Hackers stole more than 2 billion rubles ($31 million) from correspondent accounts at the Russian central bank, the bank said on Friday, the latest example of an escalation of cyber attacks on financial institutions around the globe. Central bank ...
The Russian Central Bank to issue Alpari a Forex dealer license
November 30th, 2016
Alpari becomes a licensed Forex dealer in Russia In 28th November, 2016, the central bank of the Russian Federation finalised its decision to issue Alpari Forex Ltd. with a license granting the company the right to conduct its activities ...
The Russian Central Bank revoked Banking licence of a commercial Bank
October 6th, 2016
By its Order No. OD-3414, dated 5 October 2016, the Bank of Russia revoked a banking licence of the Moscow-based credit institution Commercial Bank IMoneyBank, limited liability company, or LLC CB IMoneyBank (Registration No. 1975) from 5 October 2016. The Bank of Russia took such an extreme measure — revocation of the ...
Crisis Hits Russian Banking With 15% Job Losses
October 6th, 2016
Fifteen percent of all Russian bank employees have lost their jobs since the start of the country’s economic crisis in 2014, new data has revealed. Figures from the state statistics agency Rosstat show that almost 120,000 people working in ...
About 27% of banks left Russian market in two crisis years — Sberbank expert
May 19th, 2016
According to the analyst the number of banks reduced from 922 (as of early 2014) to 697 as of May 2016 About 27% of banks left the Russian market in two crisis years, most of them are medium banks ...