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Most large Russian banks have leasing programs that they offer their clients, and there is a growing list of foreign leasing companies operating in Russia that offer Russian clients leasing terms for imported equipment. Such restrictions have been heavily influenced by requirements of the IMF to maintain strict fiscal and monetary standards to be eligible for international financial assistance see Foreign Debt, this ch. Claim your Firm Do you wish to claim? The company was founded in and is based in Moscow, the Russian Federation. Meanwhile, plans called for the RCB to remain the foundation of the Russian banking system. Russia's constitution gave the RCB more autonomy.

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Russian Commercial Banks Credits
Russian Commercial Banks Credits

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Its success will depend greatly on its retaining as much independence as possible from both the executive and the legislative branches of government and on bank officials' ability to maintain credible monetary policies. Includes credit-rating and collection agencies in this country. Under the law, the RCB is responsible for controlling the country's money supply, monitoring transactions among banks, implementing the federal budget and servicing Russia's foreign debt, monitoring the foreign-exchange rate of the ruble, implementing Russian exchange-rate policies, maintaining foreign currency reserves and gold reserves, licensing commercial banks, and regulating and supervising commercial banks. Someone from the BankerBay team will be in touch with you shortly. In its first years of existence, the RCB functioned under the guidelines of the Soviet constitution and Russian laws passed in , which made the bank essentially an arm of the Russian parliament, whose members manipulated bank policy to help favored enterprises.
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