INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 14, 2016 No. 4194-U

About modification of the Provision of the Bank of Russia of March 26, 2004 No. 254-P "About procedure for forming by credit institutions of reserves on possible losses according to loans, on the loan and equated to it debt"

1. 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 November 11, 2016 No. 31) to bring in the Provision of the Bank of Russia of March 26, 2004 No. 254-P "About procedure for forming by credit institutions of reserves on possible losses according to loans, on the loan and equated to it debt", registered by the Ministry of Justice of the Russian Federation on April 26, 2004 No. 5774, on April 20, 2006 No. 7728, on December 27, 2006 No. 8676, on December 10, 2007 No. 10660, on January 23, 2008 No. 10968, on May 22, 2008 No. 11724, on May 22, 2008 No. 11730, on June 30, 2008 No. 11903, on January 29, 2009 No. 13219, on February 20, 2009 No. 13414, on December 21, 2009 No. 15772, on December 24, 2009 No. 15811, on August 17, 2012 No. 25204, on December 13, 2012 No. 26113, on December 28, 2012 No. 26407, on June 26, 2013 No. 28896, on September 24, 2013 No. 30005, on November 29, 2013 No. 30494, on June 18, 2014 No. 32736, on November 10, 2014 No. 34627, on December 11, 2014 No. 35134, on December 26, 2014 No. 35437, on July 13, 2015 No. 37996, on September 25, 2015 No. 39006 ("the Bulletin of the Bank of Russia" of May 7, 2004 No. 28, of May 4, 2006 No. 26, of January 15, 2007 No. 1, of December 17, 2007 No. 69, of January 31, 2008 No. 4, of May 28, 2008 No. 25, of June 4, 2008 No. 28, of July 9, 2008 No. 36, of February 4, 2009 No. 7, of March 4, 2009 No. 15, of December 28, 2009 No. 77, of August 22, 2012 No. 50, of December 19, 2012 No. 73, of December 29, 2012 No. 78, of June 28, 2013 No. 36, of October 2, 2013 No. 54, of November 30, 2013 No. 69, of July 9, 2014 No. 63, of November 26, 2014 No. 105, of December 22, 2014 No. 112, of December 31, 2014 No. 117 - 118, of July 22, 2015 No. 60, of October 12, 2015 No. 86), the following changes.

1.1. In the paragraph the sixteenth Item 2.3 of the word "180 calendar days" shall be replaced with words "270 calendar days".

1.2. In paragraphs nine and the tenth subitem 6.3.1 of Item 6.3 of the word "180 calendar days" shall be replaced with words "270 calendar days".

1.3. In Item 6.6:

word in paragraph one of "the 180-day term" shall be replaced with words "the 270-day term";

in the paragraph the second shall be replaced with words the words "over 180 calendar days up to 270 calendar days" "over 270 calendar days till 365 calendar days";

in paragraph three of the word "over 270 calendar days up to 365 calendar days" shall be replaced with words "over 365 calendar days till 545 calendar days";

in paragraph four of the word "365 calendar days" shall be replaced with words "545 calendar days".

2. This Instruction becomes effective from the date of its official publication <1>.

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<1> It is officially published on the website of the Bank of Russia 09.12.2016.

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