CBR

...During September 2011 the dollar rose against the ruble by 12%, according to the currency trading. Against the backdrop of the weakening of the ruble in the past month, the Bank of Russia has sold in the domestic market of around 8 billion dollars, media reported earlier the head of the Central Bank Sergey Ignatiev. Thus, in September - amid falling markets and the weakening of the ruble - the first time since December 2010 was recorded net sales of foreign currency of the CBR....

...To complete this work, did not rule out the source RIA Novosti, may need to make changes in Russian legislation and regulations of the CBR....

...Moreover, he added, the association "Russia " has begun to develop standard documentation for syndicated lending in this market....

...According to Ivanov, the solution to this problem might be the development of syndicated lending market, where financing is involved in a pool of banks - 10-20 organizations....

...The volume of housing loans to natural persons, including mortgages in rubles and foreign currencies in January-June 2011 in Russia grew by 6% - to 1.373 trillion rubles as of 1 July to 1.295 trillion rubles at the beginning of the year, to the materials published on the site of the CBR....

...The volume of housing loans to natural persons, including mortgages in rubles and foreign currencies in January-March 2011 in Russia grew by 0.92% - up to 1.307 trillion rubles as of March 1 to 1.295 trillion rubles at the beginning of the year, should be of materials published on the website of the CBR....

...The Bank of Russia on May 3 puts into circulation commemorative coins of precious metals series "Architectural Monuments of Russia" (The Virgin of Kazan Monastery) and the "History of Russian aviation," said Department of External and Public Relations of the CBR....

...Answering a question related to whether the plans VTB CUIT with the new requirements of CBR provisioning ddya non-core assets, Kosov noted that decisions to build FTRA been agreed with the financial department of VTB....

...Funding for the project will provide the bank VTB, which opens subsidiary of a credit line....

..."Now I will not name a price. When we go to market, all will be pleasantly surprised that it will be quite accessible," - said of Kosovo....

..."If you put too stringent, then the banks will be forced not at the right price to sell their assets," - said Simanovsky. He added that the CBR is interested in that, if the property can be sold, it was done at the right price....

...According to CBR estimates, the minimum score for non-core assets on the balance sheets of banks in Russia - 700 million rubles. Regarding the structure of non-core assets, a significant part falls on property and shares CUIT....

...According to the Auditor's Office Michael Beshmelnitsyna, on some loans the bank had no liens or pledges were not enough liquid. Beshmelnitsyn noted that the management of the Bank of Moscow violated the documents in lending CBR, internal documents and procedures for granting credit. In addition, he said, the Chamber is concerned diversion of resources of the Bank of Moscow to finance about 40 noncore organizations affiliated with the bank on non-market conditions....

...Dynamics of mortgage rates will largely depend on the level of inflation in the country and the Action CBR - if inflation will keep the level of 8-9%, then mortgage rates this year may find the lowest during the existence of mortgages in Russia is experts "Fosborn Home."...

...Improving the CBR refinancing rate from 7.75% to 8% while no effect on mortgage rates, the report says....

...The minimum rate on mortgage loans to purchase flats in the secondary housing market in Russia has remained the same as in January, and amounted to 9%, according to a press release of the loan broker Fosborn Home. "...

...The volume of housing loans, including mortgages made to individuals in rubles and foreign currencies, rose for the year 2010 by 9,6% and amounted to 1 January 2011 1.295 trillion rubles to 1.181 trillion rubles in early 2010, according to the CBR ....