Russia
Bank law compromise seen in Russia
RUSSIA - The State Duma and the government have narrowed differences over a bill to curtail the powers of the Central Bank, Deputy Prime Minister Alexei Kudrin said Monday.
Central bankers testify in Russian loans trial
RUSSIA - Tatyana Paramonova, first deputy chairman of the Central Bank of Russia, and former Central Bank Chairman Viktor Gerashchenko had to appear in an unaccustomed role as witnesses at Moscow's Zamoskvoretskiy Court in a criminal case concerning…
Interview with Russian central bank First Deputy
FEATURE - Interview with central bank first deputy chairman Oleg Vyugin with Vesti RTR News Program, 23 April.
Central banker may become road sweeper in Russia
RUSSIA - After more than a decade running the Russian Central Bank, Viktor Gerashchenko says he'll try his hand as a street sweeper if his pension payments don't come through soon.
Duma votes for second reading on c bank law
RUSSIA - The Russian State Duma at its Friday plenary meeting voted unanimously (with 366 votes) to return amendments to the law on the Central Bank for a second reading.
Ignatyev sets priorities for central bank policy
RUSSIA - Central Bank CEO Sergei Ignatyev reported on new priorities for the Russian banking system on 24 April.
Russian Duma confirms new c bank deputy chairmen
RUSSIA - Russia's lower house of parliament confirmed central bank deputy chairmen Oleg Vyugin and Andrei Kozlov, two state finance veterans, to the board of the central bank on Wednesday.
Russia issues world cup commemorative coins
RUSSIA - The Central Bank 5 May will introduce commemorative gold and silver coins in denominations of 3 and 50 rubles to commemorate this summer's World Cup football (soccer) finals in Japan and South Korea.
Key Duma committees back three for CBR board
RUSSIA - The Duma Banking and Budget Committees supported Wednesday the candidacies of Oleg Vyugin, Andrei Kozlov and Nadezha Ivanova for the Central Bank of Russia (CBR) Board of Directors.
Ignatyev to submit nominees for central bank board
RUSSIA - Chairman of the Central Bank of Russia, Sergei Ignatyev, plans to submit three candidates for the CBR board of directors to the State Duma, lower house of parliament, in the next few days, a Duma source said on Tuesday.
Russian c bank dep head tipped for new appointment
RUSSIA - Russian Central Bank first deputy chairperson Tatyana Paramonova may become head of Sberbank [Russian Savings Bank], the Gazeta paper says in today's issue.
Russian gov't seeks central bank draft law changes
RUSSIA - The Russian government will press for a revision of a number of amendments to the draft law on the Central Bank the State Duma (lower house) proposed Friday, Deputy Prime Minister and Finance Minister Aleksey Kudrin has said.
Russian c banker in court for abuse of office
RUSSIA - The Zamoskvoretskiy intermunicipal court in Moscow begins proceedings in the criminal case involving Aleksandr Alekseyev, deputy head of the Russian Central Bank's main territorial directorate for Moscow, ITAR-TASS reports.
Duma approves c bank management structure changes
RUSSIA - The State Duma, in debates on amendments to the Central Bank law in the second reading on Friday, voted to give the National Banking Council the powers of a management body at the Central Bank.
Russia's banks face 'health check'
RUSSIA - An inspection team from the International Monetary Fund (IMF) and the World Bank start work in Moscow on Wednesday on what is described as a "comprehensive health check-up" of Russia's shaky financial sector.
Russia's new central banker in TV interview
FEATURE - Bank deposits in Russia should be at least partially guaranteed by the state. In return, the banks should submit to tighter supervision and higher standards, which will increase public confidence in Russia's banks, the new chairman of Russia's…
IMF, World Bank mission to meet Russian c banker
RUSSIA - Officials of the International Monetary Fund and World Bank will arrive in Moscow next week to discuss the reform of Russia's banking sector with recently appointed central bank Chairman Sergei Ignatyev, a finance ministry official said Tuesday.
Gerashchenko stays with central bank
RUSSIA - Viktor Gerashchenko, former chairman of the Central Bank of Russia, plans to take the post of an economic adviser at the Scientific and Research Institute of the Bank of Russia reports Novecon.
Independence vital for Russia's central bank - PM
RUSSIA - Prime Minister Mikhail Kasyanov said the Central Bank of Russia must be independent.
Duma appoints new central bank chair
RUSSIA - The Duma approved resignation of Victor Gerashchenko from the post of the Central Bank Chair. Duma deputies also awarded Gerashchenko with an honorable diploma, and Chair of the Duma Gennady Seleznev presented the diploma to him. The Duma…
Russia's new central bank chief
FEATURE - Promising little change to exchange-rate policy but progress on stalled banking change, Sergei Ignatyev was overwhelmingly elected Russia's Central Bank chief Wednesday by the lower house of parliament.
Russian Duma approve Ignatyev as central bank head
RUSSIA - Russia's lower house of parliament, the State Duma, Wednesday approved Sergei Ignatyev as chairman of the central bank.
Russian parl'ment to approve c bank chief 20 March
RUSSIA - The State Duma lower house of Russia's parliament will vote on Wednesday to approve the appointment of Sergei Ignatiev as the country's new central bank chairman, the Duma's chairman said on Tuesday.
'No change' to rouble exchange policy
RUSSIA - The new chairman-designate of Russia's central bank yesterday moved swiftly to reassure the financial markets that there would be no change to rouble exchange rate policy, while hinting at greater transparency in the management of his…