Starting from August 18, 2025, credit institutions will begin calculating capital adequacy ratios in accordance with the new instructions of the Central Bank No. 220-I and No. 221-I. This is reported on the regulator's website.
In accordance with the new rules, banks with a universal license will switch to a finalized, more risk-sensitive approach to calculating capital adequacy ratios. The standard approach will remain in place for banks with a basic license and non-bank credit institutions.
The Central Bank has improved the criteria for assigning borrowers to the investment class. In particular, a condition has been added on the availability of a credit rating of at least "A", to which a reduced risk weight is applied.
Differentiated risk weights have been introduced for loans to subjects and municipalities of Russia, depending on the level of credit rating from Russian rating agencies, and in its absence - on the level of debt sustainability according to the assessment of the Ministry of Finance. In the future, it is planned to switch completely to credit ratings.
The regulator equated the risk-weight of mortgage loans at the construction stage to those used for mortgages on finished housing, and those, in turn, are calibrated based on default statistics.
When calculating macroprudential surcharges, a single multiplicative approach will be applied both for banks using risk assessment approaches based on internal ratings and for other banks.
Under repo transactions, the risk will be considered to the issuer of the securities accepted as collateral if the borrower's rating is below "AA". Banks will be able to transfer the risk of concentration from the borrower to a reliable guarantor (surety) of the issuer of the securities accepted as collateral.
Some of the innovations will apply only to new loans, that is, those issued after August 18, 2025.
