Superfinanciera sanctioned Bancolombia with $2,182 million for a reserve requirement

This Friday, Bancolombia reported that the Financial Superintendence of Colombia (SFC) applied a sanction of $2,182.2 million for an ordinary reserve requirement defect. According to … Read more

Asset sale of foreign banks, creation of list as presidential permission condition = Russian Vice Minister of Finance | Reuters

Russia’s Deputy Finance Minister Moiseyev said on Monday that authorities had drawn up a list of foreign banks that would only be allowed to sell … Read more

Installment reserves – Newspaper Kommersant No. 176 (7377) dated 09/23/2022

Sub-sanctioned banks will receive from the Central Bank an installment plan to create reserves for blocked assets for ten years. The regulator is also ready … Read more