Made in Russia

All regions
Top stories

The central Bank is not ready to cancel mandatory reserve requirements for banks


The Bank of Russia is not ready to cancel mandatory requirements for banks. Such a statement

made by the head of the financial regulator Elvira Nabiullina at the Finopolis forum.

"I have seen these demands, but we are not ready to meet them yet," Nabiullina said.

Recall that reserve requirements are a tool of monetary policy,

used in many countries of the world. Their essence is as follows: when

the presence of a certain type of liabilities in the liabilities of the balance of banks ("reserved

obligations") The central bank requires banks to make investments in specific types of

assets ("reserve assets") in a certain amount. These attachments are called

mandatory reserves, and the ratio of their volumes to the volumes reserved

obligations are set by setting a set of coefficients — norms (standards)


This mechanism allows the Central Bank to influence the active part of the balance sheet

banks, forcing the banking sector to make certain types of investments.

Read more interesting news in our Telegram channelAuthor: Alexander Baigazin

Made in Russia // Made in Russia

#made by Russia