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rating from B3 to B1 on Moody’s scale or from B– to B+ Subsection 3.1 on Fitch and Standard & Poor’s scales. Interbank

costs for accepting cashless payments via QR codes in the FPS were B reduced to 0.4–0.7%. cquiring fees were limited to 1

Agent B Confirming Agent Executing Agent Advising Agent Agent B LC advising Confirming Agent Creditor Client of Agent B Creditor Client of Agent B Executing

The Bank of Russia cuts the key rate by 300 b.p. to 14.00% p.a. On 29 April 2022, the Bank of Russia

financial institutions should not pay dividends in 2022. 1 Pursuant to Subclause ‘b’ of Clause 1 of Executive Order of the Russian President No. 81,

decision of 11 February 2022: the key rate is increased by 100 b.p. to 9.50% p.a. 10 On 11 February 2022, the

disclosure practices (IIA) type A – max RUB 52 000; for IIA type B – at the • Requirement to have a written description of dividend rate of

Will it just accept this decision or does it have a plan B? ELVIRA NABIULLINA: As regards the personnel changes in the Bank of Russia,

The Bank of Russia increases the key rate by 100 b.p. to 9.50% p.a. On 11 February 2022, the Bank of Russia

decision of 17 December 2021: the key rate is increased by 100 b.p. to 8.50% p.a. 11 On 17 December 2021, the