The Central Bank made a number of banking regulation decisions.
The Bank of Russia said that they would monitor the slowdown of credit activity, if necessary, is ready to clarify the deadlines for the formation of an anticyclical allowance, the correspondent reports The Moscow Post With reference to The press service of the regulator.
Dates can be clarified, “if this is shown to maintain the capabilities of banks to ensure a balanced loan growth to the economy,” the Central Bank said in a message.
Earlier, the Bank of Russia decided to introduce an anticyclical allowance five months earlier than the initial plans due to the ongoing growth of corporate lending.
From the first of February 2025, it will be 0.25% of the assets suspended at risk, from July 1 – 0.5% of the assets.
In addition, the Central Bank provided a delay for banks on compliance with the standard of short -term liquidity, follows from its materials. The regulator transferred the next increase in the standard from January to July, and also expanded the capabilities of banks on the use of irrevocable credit lines (BCL).
Earlier, the schedule provided that systematically significant banks should ensure from January 1, 2025 to ensure compliance with the NCC at 60% on their own (without the use of BCL), and from July 1, 2025 – by 70%.
The updated schedule provides for a shift for six months of time, when the NCL without the use of BCLs should reach 60%: from January 1 to June 30, 2025, the current level of 50%will continue to operate, and from July 1, 2025 – 60%.
At the same time, the Bank of Russia will discuss with systemically significant banks the possibility of an earlier introduction of the national short -term liquidity standard, which large banks are waiting for.
