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SPECIFYING OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 13, 2017 No. 4604-U

About mandatory reserve requirements

1. Based on parts one, third and fifth article 38 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" (The Russian Federation Code, 2002, No. 28, Art. 2790; 2003, No. 2, Art. 157; No. 52, Art. 5032; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 25, Art. 2426; No. 30, Art. 3101; 2006, No. 19, Art. 2061; No. 25, Art. 2648; 2007, No. 1, Art. 9, Art. 10; No. 10, Art. 1151; No. 18, Art. 2117; 2008, No. 42, Art. 4696, Art. 4699; No. 44, Art. 4982; No. 52, Art. 6229, Art. 6231; 2009, No. 1, Art. 25; No. 29, Art. 3629; No. 48, Art. 5731; 2010, No. 45, Art. 5756; 2011, No. 7, Art. 907; No. 27, Art. 3873; No. 43, Art. 5973; No. 48, Art. 6728; 2012, No. 50, Art. 6954; No. 53, Art. 7591, Art. 7607; 2013, No. 11, Art. 1076; No. 14, Art. 1649; No. 19, Art. 2329; No. 27, Art. 3438, Art. 3476, Art. 3477; No. 30, Art. 4084; No. 49, Art. 6336; No. 51, Art. 6695, Art. 6699; No. 52, Art. 6975; 2014, No. 19, Art. 2311, Art. 2317; No. 27, Art. 3634; No. 30, Art. 4219; No. 40, Art. 5318; No. 45, Art. 6154; No. 52, Art. 7543; 2015, No. 1, Art. 4, Art. 37; No. 27, Art. 3958, Art. 4001; No. 29, Art. 4348, Art. 4357; No. 41, Art. 5639; No. 48, Art. 6699; 2016, No. 1, Art. 23, Art. 46, Art. 50; No. 26, Art. 3891; No. 27, Art. 4225, Art. 4273, Art. 4295; 2017, No. 1, Art. 46; No. 14, Art. 1997; No. 18, the Art. 2661, the Art. 2669, No. 27, the Art. 3950, No. 30, the Art. 4456) and 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 10, 2017 29) mandatory reserve requirements (standard rates of required reserves, coefficient of averaging of required reserves) for the credit institutions performing deposition of required reserves according to the Provision of the Bank of Russia of December 1, 2015 No. 507-P "About required reserves of credit institutions" the registered Ministry of Justice of the Russian Federation on December 25, 2015 No. 40275, on December 22, 2016 No. 44868, since December 1, 2017 are established No. in the following size.

1.1. For banks with the universal license.

1.1.1. Standard rates of required reserves:

according to obligations to legal entities - nonresidents (except for long-term) in currency of the Russian Federation - percent 5,00;

according to obligations to legal entities - nonresidents (except for long-term) in foreign currency - percent 7,00;

on long-term obligations before legal entities - nonresidents in currency of the Russian Federation - percent 5,00;

on long-term obligations before legal entities - nonresidents in foreign currency - percent 7,00;

according to obligations to physical persons in currency of the Russian Federation - percent 5,00;

according to obligations to physical persons in foreign currency - percent 6,00;

according to other obligations of credit institutions (except for long-term) in currency of the Russian Federation - percent 5,00;

according to other obligations of credit institutions (except for long-term) in foreign currency - percent 7,00;

according to long-term other obligations of credit institutions in currency of the Russian Federation - percent 5,00;

according to long-term other obligations of credit institutions in foreign currency - percent 7,00.

1.1.2. The coefficient of averaging of required reserves applied to calculation of average size of required reserves - 0,8.

1.2. For banks with the basic license.

1.2.1. Standard rates of required reserves:

according to obligations to legal entities - nonresidents (except for long-term) in currency of the Russian Federation - percent 5,00;

according to obligations to legal entities - nonresidents (except for long-term) in foreign currency - percent 7,00;

on long-term obligations before legal entities - nonresidents in currency of the Russian Federation - percent 5,00;

on long-term obligations before legal entities - nonresidents in foreign currency - percent 7,00;

according to obligations to physical persons in currency of the Russian Federation - percent 1,00;

according to obligations to physical persons in foreign currency - percent 6,00;

according to other obligations of credit institutions (except for long-term) in currency of the Russian Federation - percent 1,00;

according to other obligations of credit institutions (except for long-term) in foreign currency - percent 7,00;

according to long-term other obligations of credit institutions in currency of the Russian Federation - percent 1,00;

according to long-term other obligations of credit institutions in foreign currency - percent 7,00.

1.2.2. The coefficient of averaging of required reserves applied to calculation of average size of required reserves - 0,8.

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