Source: Central Bank of the Russian Federation in English
Criteria underlying the List for conducting standard liquidity provision operations
Given the expected persistency of liquidity surplus in the medium term and the sufficiency of collateral in credit institutions, the Bank of Russia decided, for the purpose of its standard liquidity provision operations, to revise the underlying criteria for the list of legal entities liable under credit claims which are included in the collateral pool without the Bank of Russia’s check of their accounting (financial) statements and other information about the said entities (the List).
Starting 1 September 2019, the List will be compiled from Russian resident non-financial organisations rated no lower than A(RU) in the classification of the credit rating agency ACRA (JSC) or ruA in the classification of the credit rating agency JSC Expert RA.
In addition to rating checks, the Bank of Russia will take into account the results of organisations’ credit quality assessment when deciding on the inclusion of organisations in the List.
29 April 2019
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