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News of the Federal Legislation

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News of the Federal Legislation


The interest rate is increased on credits of the Bank of Russia and on credit secured by assets
2008-05-05 08:00

NEWS OF THE FEDERAL LEGISLATION

The interest rate is increased on credits of the Bank of Russia and on credit secured by assets

The Direction of the Bank of Russia N 2000-U of April 28, 2008 (document is in Russian) establishes the interest rates in the size of 7,50 percent per annum - on credits of the Bank of Russia for the period up to 90 calendar days, and 8,50 percent per annum - on credits of the Bank of Russia for the period from 91 up to 180 calendar days.

  The Direction of the Bank of Russia N 2000-U of April 28, 2008 (document is in Russian) establishes the interest rate on credits secured by assets, granted in accordance with the Statute of the Bank of Russia N 312-P "On the procedure for granting of credits secured by assets to credit institutions by the Bank of Russia" of November 12, 2007 (document is in Russian) in the size of 9,5 percent per annum for the period up to 30 calendar days inclusively.


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