INSTRUCTION OF THE CENTRAL BANK OF RUSSIA

of January 19, 2009 No. 2170-U

About establishment of standard rates of required reserves (reserve requirements) of the Bank of Russia

According to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of January 19, 2009 N 1) for the credit institutions performing deposition of required reserves according to the Provision of the Bank of Russia of March 29, 2004 N 255-P "About required reserves of credit institutions", the registered Ministry of Justice of the Russian Federation on April 23, 2004 N 5769; On October 22, 2004 N 6081; On April 28, 2005 N 6561; On October 19, 2005 N 7106; On October 11, 2006 N 8368; On June 5, 2007 N 9587; On December 20, 2007 N 10787 ("the Bulletin of the Bank of Russia" of April 30, 2004 N 25, of October 27, 2004 N 62, of May 5, 2005 N 22, of October 26, 2005 N 56, of October 18, 2006 N 56, of June 9, 2007 N 34, of December 26, 2007 N 71), the Bank of Russia establishes the following.

1. Apply standard rates of required reserves, stipulated in Item 1 Instructions of the Bank of Russia of October 14, 2008 N 2092-U "About establishment of standard rates of required reserves (reserve requirements) of the Bank of Russia" (further - the Instruction N 2092-U) in case of regulation of required reserves of credit institutions for the accounting periods from January 1 to February 1, 2009, from February 1 to March 1, 2009, from March 1 to April 1, 2009, from April 1 to May 1, 2009.

In case of regulation of required reserves of large credit institution with wide network of divisions to apply standard rates of required reserves, stipulated in Item 1 Instructions N 2092-U, for the accounting periods from December 1, 2008 to January 1, 2009, from January 1 to February 1, 2009, from February 1 to March 1, 2009, from March 1 to April 1, 2009.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info