Bank of Russia upgrades interbank loan system
Hackers stole $6 million via Swift in “common scheme”, adds central bank
The Bank of Russia has upgraded access to its interbank loan system for smaller financial institutions headquartered away from the country’s capital, it announced today (February 16).
All credit institutions will be able to use the Bank of Russia’s “electronic document flow” to obtain secured loans from the central bank, effective from February 19. Previously, only financial institutions that had “basic accounts” with the central bank’s main branch and its divisions in the main federal district
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