Category: Центральный банк России

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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The Bank of Russia has sent the Ministry of Justice for registration document, which determines the procedure for calculating the national short-term liquidity ratio for systemically important credit institutions. The NSLR will replace the Basel NSLR, which has been in effect since 2016. The new standard reflects the Russian specifics of regulation: it is calibrated based on data from domestic banks, and the composition of highly liquid assets (HLA) is determined taking into account assets circulating on the domestic market.

Among the clarifications in the methodology, there are restrictions on investments in securities to reduce the risks of asset concentration in VLA: they will be considered VLA only if the bank has no more than 30% of the issue, while the transition to this requirement will be gradual – until the end of 2027. A norm has also been added that does not allow an increase in the value of the liquidity ratio due to nostro accounts, which in reality have no turnover. In addition, the outflow rates for the Federal Treasury (after the end of the transition period from January 1, 2027, the ratio will be 45%) and individuals have been slightly reduced.

The NNCL is planned to come into force on 1 October 2025. To ensure a smooth transition, the minimum value of the new standard will be 80% in 2025, and 100% from 1 January 2026. The transition to the new standard should not cause any problems for banks: the NNCL calculation methodology gives banks an average increase of more than 25 percentage points relative to the current Basel NCL. From 1 July 2025, banks will already provide a volume of liquidity sufficient to maintain the Basel NCL without the help of an irrevocable credit line (ICL) at 60%, and by 1 January 2026 they should have increased their liquidity to maintain the Basel NCL without the ICL at a level of at least 80%.

The compliance regime for the NNCL will be flexible. SZKOs will still be able to use the BCL, but in a modified form. Banks must comply with liquidity requirements on their own, so the BCL will only cover a small volatility of the standard – it is planned that no more than 20 percentage points. The relevant orders of the Bank of Russia, establishing the parameters of the updated BCL, will be presented to the market after preparation.

A new reporting form for the Basel NCR has also been developed and discussed with banks, which is planned to be introduced in January 2026 (changes are made to Bank of Russia Instruction No. 6406-U). Until the changes are made, credit institutions will submit data on the new standard to the Bank of Russia in the reporting forms for the Basel NCR.

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Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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When making a decision on granting a loan, banks and other creditors will use only information about the current official income of citizens. Together with the interested ministries and departments, the Bank of Russia approved the road map, defining the main stages of the transition to a new procedure for using information. To establish such an obligation for creditors last year instructedPresident of the Russian Federation.

At the same time, it was ordered to provide creditors with access to an information system that allows them to receive up-to-date official information on borrowers' income within 1 minute. The required set of information, according to the roadmap, will be available to creditors by March 2026.

With the consent of citizens, creditors will receive this information from the information systems of the Federal Tax Service of Russia and the Social Fund of Russia through the Digital Profile service, which allows financial institutions to use customer data from government information systems and provide them with services without paper documents. Market participants, agencies and the Bank of Russia have come to the conclusion that this is the most effective way to obtain up-to-date information on citizens' incomes. At the same time, it is possible to use other sources of information on the official incomes of citizens. The transition to using only information on official incomes will allow banks and other creditors to more accurately assess the income of borrowers and will help the Bank of Russia more effectively limit the risks of the debt burden of citizens.

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Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

On August 11, 2025, the Bank of Russia will issue a commemorative silver coin "200th Anniversary of the Foundation of Cherkessk" of the "Cities" series (catalog No. 5111-0524) with a face value of 3 rubles. The city was founded as the village of Batalpashinskaya on the site of the Russian fortification of the same name on the Kuban border line. Over its history, the city changed its name three times: Sulimov, Yezhovo-Cherkessk, and since 1939 it has been called simply Cherkessk.

The silver coin with a face value of 3 rubles (pure precious metal weight – 31.1 g, alloy fineness – 925) has the shape of a circle with a diameter of 39.0 mm.

There is a raised edge around the circumference of both the front and back sides of the coin.

On the obverse of the coin there is a relief image of the State Emblem of the Russian Federation, there are inscriptions: "RUSSIAN FEDERATION", "BANK OF RUSSIA", coin denomination "3 RUBLES", date "2025", designation of the metal according to the Periodic Table of Elements of D.I. Mendeleyev, alloy fineness, trademark of the St. Petersburg Mint and pure mass of precious metal.

On the reverse side of the coin there is a relief image of a monument to soldiers who died during the Great Patriotic War, with a wall of memory against the background of images of trees and clouds made using the laser matting technique. At the bottom of the coin on the matted area there is an inscription in three lines: "200/YEARS/CHERKESSK".

The side surface of the coin is ribbed.

The coin is made in proof quality.

The mintage of the coin is 3.0 thousand pieces.

The issued coin is a legal tender in the territory of the Russian Federation and must be accepted at face value for all types of payments without restrictions.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

On August 11, 2025, the Bank of Russia will issue a commemorative silver coin "Hockey" of the "Russian Sport" series (catalog No. 5111-0525) with a face value of 3 rubles. The history of ice hockey in Russia began in December 1946, when the first USSR championship was played. Today, there are three professional hockey leagues and one youth league in the country.

The silver coin with a face value of 3 rubles (pure precious metal weight – 31.1 g, alloy fineness – 925) has the shape of a circle with a diameter of 39.0 mm.

There is a raised edge around the circumference of both the front and back sides of the coin.

On the obverse of the coin there is a relief image of the State Emblem of the Russian Federation, there are inscriptions: "RUSSIAN FEDERATION", "BANK OF RUSSIA", coin denomination "3 RUBLES", date "2025", designation of the metal according to the Periodic Table of Elements of D.I. Mendeleyev, alloy fineness, trademark of the St. Petersburg Mint and pure mass of precious metal.

On the reverse side of the coin there are relief images of two hockey players fighting for the puck and a goalkeeper against the background of a laser-matted image of a goal; at the top right along the circumference is the inscription: "HOCKEY".

The side surface of the coin is ribbed.

The coin is made in proof quality.

The mintage of the coin is 3.0 thousand pieces.

The issued coin is a legal tender in the territory of the Russian Federation and must be accepted at face value for all types of payments without restrictions.

When using the material, a link to the Press Service of the Bank of Russia is required.

08/08/2025 15:40:00

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The easing of monetary policy amid signs of a sustained slowdown in inflation has contributed to a decline in bond yields and an increase in their prices. At the same time, the population significantly increased its investments in both government and corporate bonds in July.

The ruble weakened against major foreign currencies in July after a seven-month strengthening trend. Demand for currency from legal entities — clients of banks and individuals on the domestic market increased compared to the previous month.

Read more in the next issue "Review of Financial Market Risks".

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Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Compared to the same period last year, the number of identified financial pyramids and other illegal entities has increased by 20%.

More than 88% of the identified financial pyramids and illegal brokers offered people investments in pseudo-investment schemes. In total, in the first half of 2025, the Bank of Russia recorded 2.3 thousand pyramid Internet projects.

"The number of pyramids has increased by 1.4 times compared to the same period last year. However, their lifespan has decreased, and the Bank of Russia identifies such projects much faster," says Ilya Kochetkov, Director of the Department of Non-Bank Lending.

The number of black lenders has decreased more than twofold – in the first half of the year, more than 460 such companies were recorded. The regulator also identified almost 1.4 thousand pseudo-brokers.

Fraudsters often create several related projects under different brands to bypass blocked sites. In January-June, 11 thousand Internet resources belonging to illegals were blocked at the initiative of the Bank of Russia. The structure of half of these sites was built using templates.

According to the Bank of Russia, more than 200 administrative cases were initiated against the organizers of illegal projects in the first half of the year for illegal professional activity in providing consumer loans, and more than 300 other response measures were taken.

Read more inanalytical material Bank of Russia.

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Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

In the second quarter, fraudsters committed 273.1 thousand fraudulent transactions for a total of 6.3 billion rubles. The number of such transfers and the amount of damage decreased by 8.9 and 15.9%, respectively, compared to the average values for the last four quarters. Data on thefts is formed on the basis of appeals to banks by affected citizens.

The Bank of Russia has initiated the blocking of 20.2 thousand phone numbers of fraudsters, as well as 13.4 thousand fraudulent websites and pages on social networks.

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Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Material reflects the main points of the discussion about the economic situation, inflation, monetary and external conditions, and options for solving the key rate.

There is more confidence that the economy is gradually returning to balanced growth, the participants in the discussion stated. This process is based on a tight monetary policy, which is holding back the growth of domestic demand and helping to reduce inflationary pressure. Inflation is slowing down faster than the Bank of Russia predicted. In June, the current rate of price growth was close to 4% on an annualized basis.

Following the discussion, the key rate was reduced by 200 bp to 18.00% per annum. Further decisions on the key rate will be made depending on the sustainability of the inflation slowdown and the dynamics of inflation expectations.

According to the Bank of Russia’s forecast, given the current monetary policy, annual inflation will decrease to 6.0–7.0% in 2025, return to 4.0% in 2026, and remain on target thereafter.

Read more about how the economic situation will develop inComments on the medium-term forecast of the Bank of Russia.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.