ECB to provide assistance to Russian central bank

The ECB is to help train staff from the central bank of Russia. The training will be provided by officials from nine eurozone national central banks and the non-central bank supervisory authorities of the UK, Sweden and Finland. The project seeks to help the CBR enhance its capacity in the field of banking supervision by transferring knowledge relating to sound practices employed by European banking supervisors, the ECB said.

Source: AFX

The EU is to provide 3 mln eur of funding over two years

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