On the list of national rating agencies and minimum credit ratings of the listed agencies for the purpose of Bank of Russia Instruction No. 180-I, dated 28 June 2017, ‘On Banks’ Required Ratios’

The Bank of Russia Board of Directors decided that for the purpose of Bank of Russia Instruction No. 180-I, dated 28 June 2017, ‘On Banks’ Required Ratios’ (hereinafter, Instruction No. 180-I), ratings of the national ratings agencies joint-stock company Rating Agency Expert RA (hereinafter, Expert RA) and joint-stock company Analytical Credit Rating Agency (hereinafter, ACRA) should be applied.

For the purpose of Sub-clause 2.3.26 of Clause 2.3 of Instruction No. 180-I, code 8850 of Annex 1 and Clause 7 of Annex 3 to Instruction No. 180-1, the following minimum credit ratings are established for these rating agencies: ruBB+ (Expert RA) and BB+(RU) (ACRA).

This decision becomes effective the day it is published on the Bank of Russia website.

The reference to the Press Service is mandatory if you intend to use this material.