From June 1, 2023, the Bank of Russia increases the mandatory reserve ratios by 0.5 percentage points to 4.5% for all categories of reserved liabilities in rubles for banks with a universal license and non-bank credit organizations. This was reported by the press service of the regulator.
The standards for all categories of reserved liabilities in foreign currency (with the exception of liabilities in currencies of unfriendly countries) for all credit institutions are increased by 0.5 percentage points to 6%.
In addition, the standards for all categories of reserved liabilities in currencies of unfriendly countries for all credit institutions are increased by 1 percentage point to 8.5%.
