Translation. Region: Russian Federal
Source: Central Bank of Russia –
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The Bank of Russia in connection with the entry into force new Regulations on mandatory reserves from August 1, 2025 sets mandatory reserve requirements and coefficients for calculating the reserve liabilities of Russian credit institutions and branches of foreign banks.
The mandatory reserve standards and mandatory reserve averaging coefficients for Russian credit institutions are set at the current level, for branches of foreign banks – at the level established for non-bank credit institutions:
mandatory reserve ratios:
4.5% — for all categories of liabilities in the currency of the Russian Federation for banks with a universal license, non-bank credit institutions and branches of foreign banks; 1% — for all categories of liabilities in the currency of the Russian Federation for banks with a basic license; 6% — for all categories of liabilities in the currencies of friendly countries for all credit institutions and branches of foreign banks; 8.5% — for all categories of liabilities in the currencies of unfriendly countries for all credit institutions and branches of foreign banks;
required reserve averaging coefficients:
0.9 — for banks with a basic license and banks with a universal license; 1 — for non-bank credit institutions and branches of foreign banks.
The coefficients for transactions involving a credit institution – a central counterparty, used to calculate the amount of mandatory reserves of Russian credit institutions and branches of foreign banks, are set at the current level:
0.25 — for liabilities in the currency of the Russian Federation; 0.07 — for liabilities in the currencies of unfriendly countries; 0.4 — for liabilities in foreign currency (except for liabilities in the currencies of unfriendly countries).
The adjustment coefficient for determining the amount of liabilities to other resident credit institutions and branches of foreign banks for issued debt securities subject to exclusion from the composition of reserved liabilities is set at the current level of 0.2.
New mandatory reserve ratios, mandatory reserve averaging coefficients and coefficients for calculating the reservable liabilities of Russian credit institutions and branches of foreign banks will be applied starting with the calculation of the amount of mandatory reserves for August 2025.
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