The required reserves averaging ratio
Updated on 13 December 2017
| Period of action | Ratio | Credit institutions for which required reserves averaging ratio was set | |
|---|---|---|---|
| 1 | Before August 1, 2004 | was not set | |
| 2 | Since August 1, 2004 | 0.2 | for all credit institutions |
| including | |||
| to 31.10.2004 | for settlement nonbanking credit institutions and settlement centres of organised securities market | ||
| to 30.09.2006 | for all credit institutions except settlement nonbanking credit institutions and settlement centres of organised securities market | ||
| 3 | Since November 1, 2004 to December 31, 2015 | 1.0 | for settlement nonbanking credit institutions and settlement centres of organised securities market |
| 4 | Since October 1, 2006, to October 31, 2007 | 0.3 | for all credit institutions except settlement nonbanking credit institutions and settlement centres of organised securities market |
| 5 | Since November 1, 2007, to February 29, 2008 | 0.4 | for all credit institutions except settlement nonbanking credit institutions and settlement centres of organised securities market |
| 6 | Since March 1, 2008, to June 30, 2008 | 0.45 | for all credit institutions except settlement nonbanking credit institutions and settlement centres of organised securities market |
| 7 | Since July 1, 2008, to August 31, 2008 | 0.5 | for all credit institutions except settlement nonbanking credit institutions and settlement centres of organised securities market |
| 8 | Since September 1, 2008, to September 30, 2008 | 0.55 | for all credit institutions except settlement nonbanking credit institutions and settlement centres of organised securities market |
| 9 | Since October 1, 2008, to December 9, 2013 | 0.6 | for all credit institutions except settlement nonbanking credit institutions and settlement centres of organised securities market |
| 10 | Since January 1, 2012 to December 31, 2015 | 1.0 | for nonbanking credit institutions, which has a responsibility for money transfers without opening a bank accounts and other associated operations |
| 11 | Since December 10, 2013 to September 9, 2015 | 0.7 | for all credit institutions except settlement nonbanking credit institutions and nonbanking credit institutions, which has a responsibility for money transfers without opening a bank accounts and other associated operations |
| 12 | Since September 10, 2015 to November 30, 2017 | 0.8 | for bank |
| 13 | Since September 10, 2015 to December 31, 2015 | 1.0 | nonbanking credit institutions which are carrying out deposit and credit operations |
| 14 | Since January 1, 2016 | 1.0 | nonbanking credit institutions |
| 15 | Since December 1, 2016 | 0.8 | for banks holding a general licence, for banks holding a base licence |
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Last updated on: 10/02/2020