Russia Doubles Minimum Capital Requirements

The Russian Central Bank has doubled the minimum capital requirements for banks from 90 million rubles ($2.95 million) to 180 million rubles ($5.9 million).

  • 22 Jul 2010
The Russian Central Bank has doubled the minimum capital requirements for banks from 90 million rubles ($2.95 million) to 180 million rubles ($5.9 million). Observers say that the new requirements, which go into effect July 1, 2012, have less to do with stabilizing the banking sector than with ...

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