On increasing adjustment ratios used to adjust value of non-marketable assets

Starting 1 March 2015, the Bank of Russia increases the adjustment ratios used to adjust the value of non-marketable assets eligible as collateral for Bank of Russia loans in compliance with Regulation No. 312-P, dated 12 November 2007, ‘On the Procedure for Extending Bank of Russia Loans to Credit Institutions Secured by Assets or Guarantees’ to 0.98 for assets belonging to quality category I and II in accordance with Bank of Russia Regulation No. 254-P, dated 26 March 2004, ‘On the Procedure for Making Provisions by Credit Institutions for Possible Losses on Loans, Loans and Similar Debts’, verified by the Bank of Russia with regard to the party liable on the asset which is the Russian Federation, a constituent or a municipality of the Russian Federation.

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27.02.2015 00.00.00