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Subject: banks and limits I am kind of lost here... is my english translation right or did i miss something in the Russian?Банк установил лимиты на проведение депозитных, конверсионных и документарных операций в размере 3,5 млрд. руб. Несмотря на недолгую историю ОРБ объем лимитов открытых на ОРБ составляет около 300 млн. руб The Bank fixed limits for the carrying out of deposit conversions and trade financing at a maximum of 3,5 bln RUB. Despite URB’s short history, объем лимитов открытых на ОРБ totals around 300 mln RUR. |
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small correction: RUR->RUB (the standard has been changed, and that was discussed at this forum about a year ago) + I am not in the banking, but I would rather say the bank established limits for such and such transactions... |
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Boris could it be: The Bank set a ceiling of RUB 3.5 billion RUB for depository, conversion and trade finance transactions. Despite URB’s short history, quotas opened at URB total around RUB 300 million. ??? |
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Susan, Again - I am not in the banking - so, I cannot really have an opinion... sorry... |
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Boris don't be sorry. I will just wait for Irisha or someone who this will be an easy one for :) |
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to set/sanction/approve limits counterparty limits set for... |
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Irisha, so the whole thing should be: The Bank approved a limit of 3.5 billion RUB for depository, conversion and trade finance transactions. Despite URB’s short history, quotas opened at URB total around RUB 300 million. ??? |
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