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Quota of foreign capital participation in the banking system of the Russian Federation


The quota of foreign capital participation in the banking system of the Russian Federation — the size (quota) of foreign capital participation in the banking system of the Russian Federation is established by a federal law upon the proposal of the Government of the Russian Federation, coordinated with the Bank of Russia. The aforementioned quota is calculated as the ratio between the total capital belonging to non-residents in the share capitals of credit organizations with foreign investments and the capital of branches of foreign banks to the total charter capital of credit organizations registered within the territory of the Russian Federation1.

  1. Federal Law No. 17-FZ dated 03.02.1996, "On Amendments and Additions to the Law of the RSFSR 'On Banks and Banking Activities in the RSFSR' dated 03.02.1996, as amended on 29.12.2006, Article 18 // Official Gazette of the Russian Federation. 1996. No. 6. Art. 492. ↩

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