Central bank says prolongs some measures imposed due to pandemic

MOSCOW, Jun 26 (PRIME) -- The Russian central bank has prolonged easing of several regulatory measures introduced due to the pandemic from July 1, the authority said in a statement on Friday.

"The temporary regulative easing introduced by the Central Bank of Russia in conditions of spread of the coronavirus infection have limited the negative consequences for the people, financial market participants and the economy,” the central bank said.

“The measures announced earlier are to stop being valid on July 1, 2020. In this context, the Central Bank of Russia has considered viability of prolongation of the easing introduced earlier."

The authority has prolonged the permit for banks and non-credit financial organizations to provide services until September 30 to the people with expired passports. Banks are also permitted until September 30 to open client accounts without personal attendance if such accounts are opened for socially important payments.

The recommendation for acceptance of expired pay cards was not prolonged.

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