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Expansion of a foreign bank's activities


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Expansion of the activities of a foreign bank — a license issued by the Central Bank of the Russian Federation that includes a broader range of banking operations from those that the foreign bank is entitled to carry out in accordance with paragraph 1 of article 5.2 of this Federal law, and (or) granting the right to conduct banking operations in foreign currency, if the foreign bank has a license to conduct banking operations for its activities on the territory of the Russian Federation through its branch only in rubles1.

  1. Law of RSFSR dated 02.12.1990 No. 395-1, "On Banks and Banking Activities in the RSFSR". 1990, amended on 2024-08-08, article 18.2, subpara. 2#2. ↩

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