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The Bank of Russia expands the use of credit ratings assigned by ACRA for bank statutory ratios and provisioning

February 10, 2017 | ACRA

The Bank of Russia board of directors has decided to apply credit ratings assigned by ACRA for the purposes envisaged by the Bank of Russia Regulation № 254-P of March 26, 2004, “On the Procedure for Making Provisions by Credit Institutions for Possible Losses on Loans and Similar Debts,” and by the Bank of Russia Instruction № 139-I of December 3, 2012, “On Statutory Ratios for Banks.”

Company: ACRA

Full company nameAnalitic Credit Rating Agensy (JSC)
Country of riskRussia
IndustryOther sectors

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