Category: Центральный банк России

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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Nominal interest rates in the money and bond markets rose for the second month in a row in October. At the same time, inflation expectations among both businesses and households increased. However, even taking this into account, monetary conditions tightened slightly compared to September.

Interest rates on loans and deposits continued to decline in September, but at a significantly slower pace than in July and August. Interest rates on corporate loans increased slightly. According to preliminary estimates, the slowdown in corporate lending in September accelerated in October. Monetary aggregate growth increased slightly.

For more details, read the information and analytical commentary. "Monetary conditions and the transmission of monetary policy".

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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Participants will discuss how financial institutions can maintain their human touch in the pursuit of new technologies, how to optimize their platforms to help consumers make informed choices about products and services rather than push them toward unnecessary spending, and how artificial intelligence can help with this.

Speakers at the plenary session will include Bank of Russia Governor Elvira Nabiullina, T-Technologies President Stanislav Bliznyuk, Sberbank President and Chairman of the Management Board Herman Gref, Ozon Fintech CEO Vahe Ovasapyan, and Sovcombank First Deputy Chairman of the Management Board Sergey Khotsimsky. Elina Tikhonova, Head of Investment Programs at RBC, will moderate the session.

The broadcast of the plenary discussion will be available onconference website, on the website and official page of the Bank of Russia inVKontakte and on the RBC website. The broadcast starts at 10:10 Moscow time.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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For three quarters complaints to the Bank of Russia The number of complaints from financial services consumers increased by 15.8% compared to the same period last year1. A total of 280 thousand complaints were received.

At the same time, the growth rate is slowing: if the number of complaints in the first quarter of 2025 exceeded the same figure last year by 23.1%, then in the third quarter it was only 11%.

Complaints against insurers have more than halved. The biggest decline is in complaints about compulsory motor third-party liability insurance (CMTPLI), particularly regarding the incorrect application of the bonus-malus coefficient (KBM) (a decrease of almost 70%). This decline is due to the fact that, since November of last year, citizens have been able to quickly and easily verify or dispute their KBM values if they disagree with them through the National Insurance Information System website.

Complaints against banks increased by 21%. Claims remain most often related to measures taken by banks to combat fraudsters and droppers, such as refusing to process transactions and freezing accounts.

Citizens complained about problems with car loans, primarily about unscrupulous banking practices, almost a quarter less frequently. This is partly due to banks signing the memorandum "On the Principles of Fair Car Lending" and refusing to cooperate with dishonest car dealers.

The number of complaints against microfinance organizations has increased by more than 10%. Consumers report problems with refunds for additional services and obtaining payment holidays. However, complaints about pushy additional services, fraud, and inaccurate credit history information have decreased.

Complaints against professional securities market participants decreased by 20.7%. Complaints related to sanctions restrictions primarily continued to decline (a nearly threefold decrease).

In the segment of appeals that concerned non-state pension funds (NPFs), complaints regarding disagreement with the transition from the Social Fund of Russia to NPFs and between NPFs decreased by more than 2 times.

From January to September 2025, the Bank of Russia received 204,300 complaints (an increase of 11.4% compared to the same period in 2024). A single complaint (letter) may concern multiple issues and/or organizations, in which case it is counted as multiple complaints rather than a single one. From January to September 2025, there were an average of 1.4 complaints per complaint, compared to 1.3 complaints the previous year.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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In October, foreign currency sales by exporters increased to $8.2 billion, returning to the 2025 average. Meanwhile, demand for foreign currency remained unchanged. As a result, the ruble remained within the fluctuation range of the last half of the year.

The volume of foreign currency bond redemptions in October exceeded the volume of placements. Against this backdrop, individuals increased their purchases of foreign currency and investments in foreign currency deposits.

Also in October, the population's interest in ruble deposits increased compared to the previous two months: according to preliminary estimates, the inflow of funds in October amounted to 722 billion rubles.

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. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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On November 10, 2025, the Bank of Russia will issue a commemorative silver coin of 2 rubles, “Financier E.I. Lamansky, on the 200th anniversary of his birth,” from the “Outstanding Personalities of Russia” series (catalog no. 5110-0191).

Yevgeny Ivanovich Lamansky was a prominent Russian statesman during the Great Reforms. He participated in drafting the documents for the Peasant Reform, which resulted in the abolition of serfdom. Lamansky played a key role in the creation of the State Bank and headed it from 1867 to 1881.

A silver coin with a denomination of 2 rubles (pure precious metal weight – 15.55 g, alloy fineness – 925) has a round shape with a diameter of 33.0 mm.

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

The obverse of the coin features a relief image of the State Emblem of the Russian Federation, along with the inscriptions: "RUSSIAN FEDERATION", "BANK OF RUSSIA", the denomination of the coin "2 RUBLES", the date "2025", the designation of the metal according to D.I. Mendeleyev's Periodic Table of Elements, the alloy fineness, the trademark of the St. Petersburg Mint, and the pure weight of the precious metal.

The reverse side of the coin features a relief portrait of E.I. Lamansky against a background of laser-etched images of the building of the State Bank of the Russian Empire and credit notes from the period when E.I. Lamansky managed the bank. The inscriptions are: "E.I. LAMANSKY" on the right side along the circumference, and "1825–1902" in two lines on the left side.

The side surface of the coin is corrugated.

The coin is made in proof quality.

The mintage of the coin is 3.0 thousand pieces.

The issued coin is legal tender in 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. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The number of credit reports received by individuals from credit bureaus (CBs) increased by 9% in the first half of 2025. Banks and microfinance organizations (MFOs) also sent a third more requests to CBs for information containing individual loan recipient ratings. Demand for CBs' services is growing among MFOs amid the growing share of online loans: credit assessment (scoring) services nearly doubled in one year.

Credit report information allows lenders to reduce the amount of overdue debt in their portfolios, lending to more creditworthy borrowers. According to the Bank of Russia's calculations, the potential savings have increased by almost a quarter over the past year: every ruble spent on a credit report can reduce overdue debt by more than 280 rubles.

Read more in"Analytical review of the credit information system based on the results of the first half of 2025".

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Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The regulator is asking citizens and businesses to rate their satisfaction with the security of online banking services. Respondents can share the types of cyberfraud they've encountered and where they turned to protect their rights if they've been victimized, as well as answer other related questions.

Survey The Bank of Russia's suspension will last from November 1 to November 28 inclusive.

The regulator takes the results of the annual survey into account when interacting with financial institutions on information security issues and when developing measures to improve citizens' financial cyberliteracy. The Bank of Russia will present the survey results in February prior to the "Cybersecurity in Finance" forum. The results of the previous study are available onwebsite.

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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

For the first time in the project's history, the number of children and adults who took the test was equal. This year, the Bank of Russia placed special emphasis on interactions with employers. Employees from over 300 companies across the country participated in the assessment.

Adults performed best on the topics "Starting Investing," "Saving for a Financial Goal," and "Borrowing"—over 70% of participants answered these questions correctly. The most challenging questions were those about starting a business and saving for retirement.

Middle and high school students performed most confidently on tasks related to combating financial fraud and digital security. They found questions on investing, insurance, and banking more challenging. Furthermore, 38,000 students also participated in the Olympiad competition during the test to qualify for the All-Russian School Olympiad "Higher Standard" held by HSE University in the Financial Literacy category. 2,500 students reached the finals. The winners will receive preferential treatment when applying to universities. Last year, 17 of these students made it to the finals.

Over 100,000 family teams participated in the competition, with nearly two-thirds of them completing the assessment. The number of participants who successfully completed individual assignments is also growing: 75% of participants passed this year, compared to 70% last year. Ryazan Oblast retained its top five financial literacy regions for the second year running. Other leaders include Yaroslavl and Astrakhan Oblasts, the Chuvash Republic, and the Republic of Buryatia. All participants received recommendations on areas where they made mistakes.

The Bank of Russia will use the results of the assessment to identify problem areas and regions and make decisions to help alleviate these bottlenecks. Information on the next assessment will be published onproject website.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.