Category: Центральный банк России

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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On August 18, 2025, the Bank of Russia will issue a commemorative coin of 50 rubles made of base metals with an image of the military-historical museum complex "Saur-Mogila" (catalog No. 5716-0002). Saur-Mogila is a burial mound in the Donetsk region, 277.9 meters high, which was of great strategic importance during the Great Patriotic War. The mound was liberated from the German invaders in August 1943 after long, bloody battles.

The coin has a circular shape with a diameter of 28.0 mm. The coin is combined and consists of a disk and an outer ring.

The front and back sides of the coin have a raised edge around the circumference.

The side surface of the coin is ribbed with the inscription “50 RUBLES”, repeated twice and separated by asterisks.

On the front side of the coin, there are inscriptions on the ring along the circumference: at the top – "BANK OF RUSSIA", at the bottom – "2025". On the left and right on the outer ring there are images of laurel and oak branches, passing onto the disk. In the center of the disk there is the number "50" and the inscription "RUBLES" under it, indicating the denomination of the coin. Inside the number "0" there is a protective element in the form of the number "50" and the inscription "RUB", visible at different angles to the plane of the coin. At the bottom of the disk there is the trademark of the Moscow Mint.

On the reverse side of the coin there is a relief image of a fragment of the memorial complex "Saur-Mogila"; on the ring along the circumference there are relief inscriptions separated by dots: in the upper part – "YEAR OF THE DEFENDER OF THE FATHERLAND", in the lower part – "SAUR-MOGILA".

The mintage of the coin is 1.0 million 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.

08/18/2025 10:00:00

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.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

In the second quarter of 2025, the growth in the number of individual investment accounts (IIA) accelerated. Their number increased by almost 94 thousand and exceeded 6.2 million. Broker clients continued to actively replenish IIAs, and when choosing assets, they preferred bonds.

The net inflow of funds into brokerage accounts amounted to 39 billion rubles (in the first quarter – 36 billion rubles). As a result of replenishment of accounts and positive revaluation of Russian bonds, the volume of assets in IIS reached 680 billion rubles.

The share of debt securities in the investors' portfolio increased to 39%, while the share of Russian stocks fell to 33% – the minimum since the second quarter of 2023. Cash accounts for only 6%.

Read more in the article “Individual Investment Accounts Segment Trends in Q2 2025".

Preview photo: Cagkan Sayin / Shutterstock / Fotodom

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.

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.

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.

During the inspection, the Bank of Russia established facts of illegal use of insider information by Mikhail Vladimirovich Papkin when conducting transactions with ordinary shares of PJSC Ashinsky Metallurgical Plant (hereinafter referred to as the Shares, the Company).

On 12.08.2024, the decision of the Board of Directors of the Company to recommend to the General Meeting of Shareholders the payment of dividends in the amount of 77 rubles per Share from the net profit received based on the results of the first half of 2024 and the retained earnings of previous years was published on the website of the Central Research and Development Company 1 of the Interfax agency. This information was insider information of the Company.

Considering that dividends on the Shares had not been paid for over 20 years, this news provoked a sharp increase in the value of the Shares, in connection with which a discrete auction was held on the Shares on 12.08.2024.

Papkin M.V., being an insider and a member of the Board of Directors of the Company, participated in a meeting of the Board of Directors on 09.08.2024, at which issues of convening an extraordinary general meeting of shareholders and the amount of dividends were considered. On the day of the meeting, he made a series of transactions to purchase Shares. After the disclosure of insider information on the decision to recommend the payment of dividends on 12.08.2024, Papkin M.V. made a series of transactions from 13.08.2024 to 19.08.2024 to sell the acquired volume of Shares at a price significantly exceeding the purchase price, making a profit.

Thus, it was established that Papkin M.V. unlawfully used the Company’s insider information, in connection with which his actions were qualified by the Bank of Russia as a violation of the prohibition established by paragraph 1 of part 1 of article 6 of Federal Law No. 224-FZ.

Papkin M.V. was brought to administrative responsibility for the illegal use of insider information, and he was given an order to prevent similar violations in the future.

In addition, the Bank of Russia sent instructions to professional participants in the securities market and trade organizers to suspend operations on the brokerage accounts of M.V. Papkin.

The Bank of Russia draws attention to the inadmissibility of the unlawful use of insider information when making transactions by insiders of the issuer, as well as the need for issuers and other legal entities specified in Part 1 of Article 11 of Federal Law No. 224-FZ to properly fulfill their obligations in terms of taking measures to prevent, identify and suppress the unlawful use of insider information, including ensuring its protection and confidentiality.

1 Corporate Disclosure Center.

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.

Nominal interest rates declined significantly, while the decline in yields in real terms was less pronounced due to the slowdown in current price growth. Inflation expectations of the population changed unevenly and remained elevated.

The reduction in rates in June affected almost all segments of the credit and deposit market. Bank lending conditions remained tough. Against this background, the growth of credit to the economy and the money supply was restrained. In July, according to preliminary data, the same trends were maintained in the dynamics of rates and credit activity.

Read more in the information and analytical section comments "Monetary conditions and the transmission mechanism of monetary policy."

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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.

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 –

An important disclaimer is at the bottom of this article.

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.

Preview photo: Pro.Sto / Shutterstock / Fotodom

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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