In 2017. The profit of the Bank of Russia compared to the previous year has increased four times, from 24, 6 billion. up to 100 billion. rub. According to experts, the main reason for this growth was a sharp jump in the volume of refinancing of commercial banks. According to the review of the Central Bank, as indicated by RBC Daily, the volume of «loans and deposits received by credit organizations from the Central Bank for 2017., grew almost 100 times, from 34 billion. up to 3, 17 trillion. rub.». In the conditions of crisis paralysis of the interbank market and the outflow of customer funds, banks were forced to apply for resources with an increased rate only to the lender of the last instance to eliminate the ruble liquidity deficiency.
